finance
finance
Andorran Tribunal Imposes Heavy Sentences on Former BPA Executives for Money Laundering
Background on Banca Privada d’Andorra (BPA) Banca Privada d’Andorra (BPA) was once the fourth-largest bank in Andorra, a small principality...
finance
UK Pledges to Ease Financial Sector Regulations
Rachel Reeves Announces Reforms to Boost Economy and Attract Foreign Companies Rachel Reeves, the UK’s Chancellor of the Exchequer, committed...
finance
Proposed Law to Regulate Trusts Following Financial Authorities’ Intervention in Mexican Institutions
Background on the Current Situation Following recent interventions by financial authorities into three Mexican institutions, including CIBanco which holds the...
finance
CNBV Imposes Fines on Mexican Financial Institutions for Anti-Money Laundering and Other Violations
Background on the Institutions Involved The Comisión Nacional Bancaria y de Valores (CNBV) announced fines imposed on three Mexican financial...
finance
Citigroup Considering Issuing Its Own Stablecoin
Background on Citigroup and Its Relevance Citigroup, one of the largest financial institutions globally and the third-largest bank in the...
finance
Mexican Pension Funds Afores Achieve Historic Gains Despite Trump’s Trade Policies
Background on Afores and Their Role Administradoras de Fondos para el Retiro (Afores) are Mexican pension funds responsible for managing...
finance
US Banks See Lower Recession Risk: J.P. Morgan’s Q2 Earnings at $15 Billion, 17% Down from Same Period in 2024
Background on J.P. Morgan and Citigroup J.P. Morgan Chase and Citigroup are two of the largest financial institutions in the...
finance
Mercado Pago and Oxxo Partner for Cash Withdrawals at Over 23,000 Stores Across Mexico
Introduction to the Partnership Mercado Pago and Oxxo have announced a collaboration that will enable users to withdraw cash from...
finance
Citigroup Reports 25% Increase in Q2 Earnings
Overview of Citigroup’s Financial Performance The American bank, Citigroup, announced a net income of $4.019 billion in the second quarter...
finance
JPMorgan and Wells Fargo Surpass Q2 Forecasts
JPMorgan Chase Reports Strong Q2 Results Despite 17% Profit Drop JPMorgan Chase, a leading American bank, announced Q2 results that...
