finance

Insurance Companies Paid $276 Million in the First Half of 2025 for Damages Caused by Micro-Earthquakes in Mexico

Insurance Companies Paid $276 Million in the First Half of 2025 for Damages Caused by Micro-Earthquakes in Mexico

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September 18, 2025

Background on the Situation Norma Alicia Rosas, the General Director of the Mexican Insurance Institutions Association (AMIS), recently disclosed that...

Serfimex Capital Secures $100 Million Financing from Bancomext to Boost Tourism Projects

Serfimex Capital Secures $100 Million Financing from Bancomext to Boost Tourism Projects

Web Editor
September 18, 2025

Background on Serfimex Capital and its Relevance Serfimex Capital, a Multiple-Purpose Financial Society (Sofom), has recently expanded its funding line...

US Treasury Praises Mexico’s Banking Sector for Combating Illicit Financing

US Treasury Praises Mexico’s Banking Sector for Combating Illicit Financing

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September 18, 2025

Background on John Hurley and His Role John Hurley, the Under Secretary for Terrorism and Financial Intelligence at the U.S....

Bank of America Securities Settles U.S. Criminal Investigation Over Alleged Spoofing

Bank of America Securities Settles U.S. Criminal Investigation Over Alleged Spoofing

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September 18, 2025

Background on Bank of America Securities and the Relevance of the Case Bank of America Securities (BoAS), a subsidiary of...

Mexico’s Financial Intelligence Unit Blocks Accounts Linked to “Los Mayos” Faction of Sinaloa Cartel

Mexico’s Financial Intelligence Unit Blocks Accounts Linked to “Los Mayos” Faction of Sinaloa Cartel

Web Editor
September 18, 2025

Background on Key Individuals and Organizations The Unidad de Inteligencia Financiera (UIF) of Mexico’s Secretaría de Hacienda y Crédito Público...

Bank of England Keeps Interest Rates Steady, Slows Asset Purchase Program

Bank of England Keeps Interest Rates Steady, Slows Asset Purchase Program

Web Editor
September 18, 2025

Background on the Bank of England and its Role The Bank of England is the central bank of the United...

Norway Cuts Interest Rate to 4%, Anticipates Less Easing in Future

Norway Cuts Interest Rate to 4%, Anticipates Less Easing in Future

Web Editor
September 18, 2025

Background on Norges Bank and Its Role The Norges Bank, Norway’s central bank, plays a crucial role in maintaining the...

BBVA Strengthens Presence in Houston: A Strategic Move for Sustainability and Carbon Reduction

BBVA Strengthens Presence in Houston: A Strategic Move for Sustainability and Carbon Reduction

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September 17, 2025

BBVA’s Growth in the United States and Houston’s Importance BBVA, a Spanish banking group, has announced the opening of a...

Openbank Mexico Maintains 10% Savings Rate Amidst Declining Interest Trends

Openbank Mexico Maintains 10% Savings Rate Amidst Declining Interest Trends

Web Editor
September 17, 2025

Background on Openbank Mexico and its Relevance Openbank Mexico, a digital banking arm of the Spanish multinational financial services company...

US Federal Reserve Cuts Interest Rates for the First Time in 2019

US Federal Reserve Cuts Interest Rates for the First Time in 2019

Web Editor
September 17, 2025

Background on Key Figures Involved The Federal Reserve, the central banking system of the United States, has lowered its target...

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