finance
finance
Mexico’s Finance Ministry Begins Early Redemption Process for $3.593 Billion Bonds Due in 2026
Background on the Mexican Secretariat of Finance The Mexican Secretariat of Finance and Public Credit (SHCP) is the primary financial...
finance
Sabadell CEO Warns TSB Sale to Santander Could Complicate BBVA’s Hostile Takeover
Background on Key Players and Relevance César González Bueno, CEO of Banco Sabadell, has expressed concerns that the potential sale...
finance
US Migration Policies Not the Reason for Lower Remittances to Mexico: BBVA Research
Remittances to Central American Countries Increase In May, remittances directed to Mexico decreased by 4.6% annually, but flows directed to...
finance
Financial Sector Faces Increased Challenge in Detecting Crime-Linked Operations Amid Cartel Terrorist Designations
Background on the Situation Following the recent designation of drug cartels as terrorist organizations by the U.S. government, financial institutions...
finance
No Restrictions for Other Local Institutions to Conduct Operations with Intercam and CIBanco: ABM
Background on Key Players and Relevance The Asociación de Bancos de México (ABM) is the leading organization representing Mexico’s banking...
finance
US Banks Boost Dividends and Debt Repurchase After Stress Test Success
Major US Banks Announce Dividend Increases and Share Repurchase Programs Six leading American banks, including JP Morgan Chase, Bank of...
finance
Santander Strengthens Presence in the UK with $3.64 Billion TSB Acquisition
Background on Santander and Relevance of the Acquisition Santander, a leading Spanish bank by market value, has announced its agreement...
finance
US Senate Approves Trump’s Budget Plan Including 1% Tax on Remittances
Background and Relevance of Donald Trump Donald Trump, the 45th President of the United States, has been a polarizing figure...
finance
Remittances to Mexico Fall 4.6% in May Amid U.S. Tax Debate
Background on Remittances and Their Importance Remittances, or the funds sent by migrant workers to their families in Mexico, play...
finance
CIBanco and Intercam’s Impact on Mexican Banking Sector
Introduction On Thursday, the Mexican National Banking and Securities Commission (CNBV) temporarily intervened CIBanco and Intercam following accusations from the...
