finance
finance
Sabadell Receives Preliminary Interest Statements for TSB Unit Amid BBVA Takeover Battle
Background on Sabadell and BBVA BBVA, a Spanish lender, launched a hostile takeover bid for Sabadell in May 2024. The...
finance
Sofipo CAME: Resolution in 180 Days; Savers Seek to Avoid Liquidation
Background and Relevance The case of Sociedad Financiera Popular (Sofipo) CAME requires a resolution within a maximum period of 180...
finance
Finco Pay Receives Authorization as Institution of Electronic Payment Funds (IFPE) under Mexico’s Fintech Law
Introduction to Finco Pay and its Significance Finco Pay, a Mexican fintech company, has been granted authorization by the National...
finance
Remittances from Mexican and Indian Immigrants: A Comparative Analysis
Introduction Mexico and India have consistently ranked among the top recipients of remittances worldwide since 2015, according to data from...
finance
GAFI Adds Virgin Islands and Bolivia to Grey List for AML/CFT Deficiencies
Introduction to GAFI and its Role in AML/CFT Efforts The Global Money Laundering and Terrorist Financing Prevention Group (GAFI) is...
finance
CNBV Ensures Financial System’s Stability Following Intervention in CAME
Background on CAME and its Significance CAME, or Sociedad Financiera Popular CAME, is the ninth largest financial institution in Mexico...
finance
Which States Have the Highest Home Insurance in Mexico During Hurricane Season?
Key States for Home Insurance According to the Mexican Insurance Institutions Association (AMIS), six states in Mexico have home insurance...
finance
International Remittance Day: Mexico Faces Declining Flows and Potential US Tax
Understanding the Significance of International Remittances The International Day of Family Remittances, observed on June 16, acknowledges the crucial role...
finance
Afores Transfer $5,061 Million Pesos to Pension Fund for Well-being: CONSAR
Introduction to Afores and the Pension Fund for Well-being The Afores transferred $5,061 million pesos from inactive retirement savings accounts...
finance
CNBV Intervenes CAME for Financial Insolvency: Ensuring Stability in Mexico’s Financial System
Background on CAME and its Relevance CAME, or Sociedad Financiera Popular (Sofipo) CAME, is a significant player in Mexico’s financial...
