finance
finance
IPAB: Liquidation of Four Banks in 10 Years
Introduction to the IPAB and its Role The Instituto para la Protección al Ahorro Bancario (IPAB) has been responsible for...
finance
BBVA’s Hostile Takeover Attempt of Banco Sabadell Fails, Praised by Sabadell and Spanish Government
Background on BBVA and Banco Sabadell BBVA, a Spanish banking group, and Banco Sabadell, a Catalan bank, are two significant...
finance
Asofom Strengthens Funding Sources to Secure More Financing
Introduction to Asofom and its Importance The Association of Multiple-Purpose Financial Societies (Asofom) has reported a strengthening of its institutional...
finance
Banxico to Gradually Phase Out 20 Peso Bills as Part of Monetary System Modernization
Introduction to the Retirement Process The Bank of Mexico (Banxico) has initiated the process of phasing out the 20 peso...
finance
France Pushes to Eliminate Capital Requirements for EU Banks to Level Playing Field with US Rivals
Background on the Key Players and Context France is advocating for the removal of certain capital requirements from leading lenders...
finance
Grupo México Assures No Significant Debt Increase for Banamex Acquisition
Background on Grupo México and Banamex Grupo México, one of Mexico’s largest corporations led by Germán Larrea, has announced that...
finance
Grupo México Confirms No Debt Increase if Banamex Offer is Accepted
Background on Grupo México and its Relevance Grupo México, a conglomerate led by Germán Larrea, has announced that it will...
finance
Grupo México Rules Out Bidding War for Banamex
Background on Grupo México and Banamex Grupo México, a prominent mining and transportation conglomerate, has declared that it will not...
finance
Investors Seek Banamex for Mexican Ownership: Entrepreneurs Aim to Restore Banamex’s Leadership and Keep it Mexican
Key Players and Their Proposals Two prominent Mexican entrepreneurs, Fernando Chico Pardo and Germán Larrea, have put forth distinct proposals...
finance
FTA and Fintech Mexico Form Alliance to Boost Financial Innovation
Overview of the Partnership The Financial Technology Association (FTA) in the United States and its Mexican counterpart, Fintech Mexico, have...
