finance
finance
Mexico City’s Property Damage Claims Expected to Rise 6-10% Due to Atypical Rainfall in 2025
Background on the Situation The Mexico City government reported that recent heavy rains have affected approximately 1,400 homes and nearly...
finance
Agroasemex Secures Tren Maya and Other Archaeological Sites: A Comprehensive Look
Who is Agroasemex? Agroasemex is a government-owned insurance company specializing in the agricultural sector. However, it has recently expanded its...
finance
Kapital Bank to Inject US$100 Million into Acquired Intercam Businesses
Background on Intercam and its Significance Intercam, a Mexican financial institution, has been a significant player in the banking and...
finance
US Leads Anti-Money Laundering Information Requests to Mexico
Background on the Situation In recent years, the United States has become the leading country requesting anti-money laundering (AML) information...
finance
Aptos Foundation and Bitso Partner to Enhance Cross-Border Payments in Latin America
Introduction to Key Players and Their Relevance The Aptos Foundation, a blockchain technology developer, and Bitso, a financial services and...
finance
CIBanco and Intercam: Continuity Assured Following Acquisition Announcements
CIBanco’s Statement on Multiva Acquisition Following the announcement on Tuesday of Multiva’s acquisition of CIBanco’s fiduciary business and Kapital Bank’s...
finance
CIBanco and Intercam: Operation Continuity Assured Following Acquisition Announcements
CIBanco’s Assurance of Continuity Following the announcement on Tuesday that Multiva acquired CIBanco’s fiduciary business and Kapital Bank purchased Intercam’s...
finance
Nu México Appoints New CEO: Armando Herrera to Replace Iván Canales Starting September 2
Background of Armando Herrera Nu México, a leading financial society in Mexico, is set to welcome Armando Herrera as its...
finance
Kapital Bank Confirms Acquisition of Intercam Banco Assets
Introduction to Kapital Bank and Intercam Banco Kapital Bank, a newly emerging financial institution, has recently announced the acquisition of...
finance
Mexico and Other Countries Unaffected by 1% Remittance Tax, Says Cemla
Introduction to Remittance Tax and its Impact The Centro de Estudios Monetarios de Latinoamérica (Cemla) has stated that the proposed...
