finance

finance
Banxico’s Omar Mejía Castelazo Signals Continued Interest Rate Reduction Despite Global Uncertainty
Background on Omar Mejía Castelazo and His Role Omar Mejía Castelazo serves as the subgovernor of Mexico’s Banco de México...

finance
Anticipated Savings Repatriation to Temporarily Boost Remittances, Experts Warn of Informal Channel Risk
Background on Remittances to Mexico Experts from the global financial system suggest that remittances to Mexico might stabilize, given the...

finance
BBVA Warns of Migrants Turning to Informal Channels for Remittances if 5% Tax is Implemented
Background on BBVA and its Relevance BBVA, a Spanish multinational banking and financial services company headquartered in Madrid, is one...

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

finance
Republicans Push for Trump’s Tax Bill Despite Spending Cuts and Tax Break Disputes
Background on Key Players The Republican majority in the United States House of Representatives is striving to advance President Donald...

finance
Trump’s Tax Bill Passes Key Congressional Committee Amidst Internal Republican Disputes
Background on the Tax Bill and Its Key Provisions President Donald Trump’s tax cut proposal, which had been stalled due...

finance
Finsus Reaches Break-even Point and Projects Profitability Before Becoming a Bank
Introduction to Finsus and its Transformation into a Bank Finsus, one of the Sociedades Financieras Populares (Sofipos) aiming to become...

finance
Unofficial Remittance Channels May Surpass Officially Recorded Amounts
Experts Acknowledge Discrepancy Between Official and Actual Remittance Figures Researchers from the Federal Reserve of the United States and the...

finance
Digitalization and Reduced Cash Usage: Benefits for Financial Inclusion and Business Growth
The New ABM President’s Vision for a Cashless Economy Emilio Romano, the newly appointed president of the Asociación de Bancos...

finance
Unemployment Withdrawals from Afores Exceed 11 Billion Pesos in Q1 2025
Background on Afores and Unemployment Withdrawals Afores, or Occupational Savings Accounts, are retirement savings accounts in Mexico managed by private...