Bloated with debt, Mexico’s conglomerates have largely failed to reshape themselves into profitable, efficient companies capable of competing globally.
Category: Mexico
Posted inMagazine
Globalization Gets A Presidential Push
Mexico’s former head of state, Ernesto Zedillo, is fashioning a post-presidential career as an advocate for globalization, international development and social justice.
Posted inMagazine
Going Big, Going Wide
Banorte, Mexico’s leading regional bank, has bought Bancrecer, a bank with a strong branch network in an attempt to create a powerhouse operation that serves the enitre country.
Posted inWeb Articles
Breaking with the Past
President Vicente Fox ended 71 years of rule by the Institutional Revolutionary Party with his election last year, but he has yet fully to break the mold of Mexican politics.
Posted inWeb Articles
Caught in the Middle
Banorte is too big to be a regional player and too small to be a truly national bank. Its management has just one goal in mind.
Posted inWeb Articles
Down to the Green Door
Consumer finance is a high-margin and increasingly high-tech business. The traditional market leaders are coming under pressure from banks and US multinationals.
Posted inWeb Articles
Equal Rights for All
The government has introduced broad changes to Mexico’s securities legislation to give minority investors greater rights.
Posted inWeb Articles
Growth Interrupted
The economic slowdown in the US has pushed Mexico into recession. But its links to the US, low inflation and a government committed to reform make Mexico the strongest economy in Latin America.
Posted inMagazine
Bridging the Divide
Central America and southern Mexico are hoping that together they can achieve what they have failed to do on their own. The omens are not good.
Posted inWeb Articles
Learning to Live in a Competitive Market
Retail banking in Mexico used to be a simple business. That has changed as interest rates collapse and foreign banks buy up more of the country’s banks