finance
finance
UniCredit Increases Stake in Commerzbank Amid Acquisition Talks
Background on UniCredit and Commerzbank UniCredit, an Italian banking group, has formally increased its stake in German counterpart Commerzbank, bringing...
finance
Mexican Banking System Continues to Operate Normally Despite CIBanco and Intercam Situation
Background on Key Players Emilio Romano, the president of the Asociación de Bancos de México (ABM), recently addressed concerns regarding...
finance
Mexico’s President Sheinbaum Calls for More Accessible Credit to Boost Development
Claudia Sheinbaum Emphasizes the Need for Responsible Credit Access Claudia Sheinbaum, the President of Mexico, reiterated the importance of increased...
finance
Jesús de la Fuente Leaves CNBV with Record in Fintech Authorizations, Took Years to Materialize
Background on Jesús de la Fuente Rodríguez Jesús de la Fuente Rodríguez served as the president of the Comisión Nacional...
finance
New CNBV Chief Faces Financial Regulation Challenges Amid Money Laundering Allegations
Introduction to Ángel Cabrera Mendoza The recent appointment of Ángel Cabrera Mendoza as the new president of Mexico’s National Banking...
finance
Mexico’s SHCP Appoints Ángel Cabrera as New CNBV President
Appointment Details and Background On the evening of this Friday, Mexico’s Secretaría de Hacienda y Crédito Público (SHCP) announced that...
finance
JPMorgan to Pay $332 Million to Malaysia Over 1MDB Scandal
Background on the 1MDB Scandal and JPMorgan’s Involvement The 1MDB scandal refers to the embezzlement and money laundering case involving...
finance
CIBanco Withdraws Lawsuit Against U.S. Treasury Department
Background on CIBanco and the Lawsuit CIBanco, a Mexican financial institution, recently withdrew its lawsuit against the U.S. Department of...
finance
Mexico’s Cautious Approach to Cryptocurrency Regulation Lags Behind
Background on the Importance of Cryptocurrency Regulation in Mexico Mexico ranks 14th globally in cryptocurrency adoption, according to Chainalysis. However,...
finance
Liquidity for Daily Operations Most Influential Factor in Mexican Companies Seeking Bank Credit
Background on the Relevance of the Topic Understanding why businesses seek bank credit is crucial for assessing the health of...
