finance

Banxico’s Omar Mejía Castelazo Signals Continued Interest Rate Reduction Despite Global Uncertainty

Banxico’s Omar Mejía Castelazo Signals Continued Interest Rate Reduction Despite Global Uncertainty

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May 19, 2025

Background on Omar Mejía Castelazo and His Role Omar Mejía Castelazo serves as the subgovernor of Mexico’s Banco de México...

Anticipated Savings Repatriation to Temporarily Boost Remittances, Experts Warn of Informal Channel Risk

Anticipated Savings Repatriation to Temporarily Boost Remittances, Experts Warn of Informal Channel Risk

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May 19, 2025

Background on Remittances to Mexico Experts from the global financial system suggest that remittances to Mexico might stabilize, given the...

BBVA Warns of Migrants Turning to Informal Channels for Remittances if 5% Tax is Implemented

BBVA Warns of Migrants Turning to Informal Channels for Remittances if 5% Tax is Implemented

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May 19, 2025

Background on BBVA and its Relevance BBVA, a Spanish multinational banking and financial services company headquartered in Madrid, is one...

Banxico Sub-Governor Omar Mejía Castelazo Signals Continued Interest Rate Reduction

Banxico Sub-Governor Omar Mejía Castelazo Signals Continued Interest Rate Reduction

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May 19, 2025

Background on Omar Mejía Castelazo Omar Mejía Castelazo is the Sub-Governor of Mexico’s central bank, Banco de México (Banxico). His...

Republicans Push for Trump’s Tax Bill Despite Spending Cuts and Tax Break Disputes

Republicans Push for Trump’s Tax Bill Despite Spending Cuts and Tax Break Disputes

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May 19, 2025

Background on Key Players The Republican majority in the United States House of Representatives is striving to advance President Donald...

Trump’s Tax Bill Passes Key Congressional Committee Amidst Internal Republican Disputes

Trump’s Tax Bill Passes Key Congressional Committee Amidst Internal Republican Disputes

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May 19, 2025

Background on the Tax Bill and Its Key Provisions President Donald Trump’s tax cut proposal, which had been stalled due...

Finsus Reaches Break-even Point and Projects Profitability Before Becoming a Bank

Finsus Reaches Break-even Point and Projects Profitability Before Becoming a Bank

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May 19, 2025

Introduction to Finsus and its Transformation into a Bank Finsus, one of the Sociedades Financieras Populares (Sofipos) aiming to become...

Unofficial Remittance Channels May Surpass Officially Recorded Amounts

Unofficial Remittance Channels May Surpass Officially Recorded Amounts

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May 19, 2025

Experts Acknowledge Discrepancy Between Official and Actual Remittance Figures Researchers from the Federal Reserve of the United States and the...

Digitalization and Reduced Cash Usage: Benefits for Financial Inclusion and Business Growth

Digitalization and Reduced Cash Usage: Benefits for Financial Inclusion and Business Growth

Web Editor
May 19, 2025

The New ABM President’s Vision for a Cashless Economy Emilio Romano, the newly appointed president of the Asociación de Bancos...

Unemployment Withdrawals from Afores Exceed 11 Billion Pesos in Q1 2025

Unemployment Withdrawals from Afores Exceed 11 Billion Pesos in Q1 2025

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May 19, 2025

Background on Afores and Unemployment Withdrawals Afores, or Occupational Savings Accounts, are retirement savings accounts in Mexico managed by private...

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