finance
finance
US Designations Shake Mexican Trust Market: CI Banco Holds Over a Quarter of Total Banking Trust; Intercam Has Just 1%
Introduction The United States has recently issued designations against three Mexican financial institutions—Intercam, CI Banco, and Vector—accusing them of supporting...
finance
Proposed Remittance Tax in the US: Only Cash Sendings Will Be Taxed
Who is Jesús González Cervantes? Jesús González Cervantes is an expert from the Centro de Estudios Monetarios de Latinoamérica (Cemla)...
finance
Unemployment Withdrawals from Afores Reach Historic Highs in Mexico
Background on Afores and Their Significance For a substantial number of formal workers, the individual Afore account represents their primary...
finance
Colombia to Implement a Mixed Pension System: A New Social Security Structure for the Elderly
Background and Relevance In Colombia, the National Congress has approved a pension reform that establishes a comprehensive Social Security System...
finance
CNBV Explains Temporary Management Intervention of CIBanco, Intercam, and Vector Casa de Bolsa
Background on the Financial Institutions Involved CIBanco, Intercam, and Vector Casa de Bolsa are Mexican financial institutions that recently underwent...
finance
Visa Severs Ties with CIBanco for International Transactions Amidst Money Laundering Allegations
Background on CIBanco and its Recent Challenges CIBanco, a significant financial institution in Mexico, has been facing adversity following accusations...
finance
Claudia Sheinbaum Assures Mexico’s Financial System Unaffected by Interventions
Background on Claudia Sheinbaum and Her Role Claudia Sheinbaum Pardo is the current Head of Government (equivalent to a mayor)...
finance
BBVA Continues Hostile Takeover Bid for Sabadell Despite Government’s 3-Year Merger Veto
Background on BBVA and Sabadell BBVA, the second-largest Spanish bank, announced on Monday that it will proceed with its hostile...
finance
BBVA Continues Hostile Takeover Bid for Sabadell Despite Tougher Spanish Government Conditions
Background on BBVA and Sabadell BBVA, the second-largest bank in Spain, has announced its persistence with a hostile takeover bid...
finance
Starting July 1st, DiDi, Uber, and Rappi Delivery Workers to Receive Uniform Tax Treatment
Background on the Mexican Reform and Its Impact On July 1st, a new regulatory criterion will mandate the enrollment of...
