Tackling Mexico’s Pension Funds Vicente Corta seems irresistibly drawn to Mexico’s finances. After three short months in private legal practice as a partner at White & Case’s Mexico City’s office, […]
Category: Mexico
Business & Banking
Citigroup’s Mammoth Mexican Play Citigroup agreed in mid-May to purchase Mexico’s Grupo Financiero Banamex-Accival, the parent company of Banamex, the country’s second-largest bank, for $12.5 billion. Citigroup’s tender offer for […]
Citigroup’s Latin Platform
The purchase of one of Mexico’s most successful banks has transformed Citigroup into the largest private sector financial institution in Latin America with $49 billion assets in the region.
Sovereign Report
Mexican Brady Buy Back Mexico reopened its $1.5 billion, 10-year global bond offering in May, first launched January 8. The opening was for $1 billion and the proceeds were used […]
Mexico’s Capital Connection
For 36 years, Raúl Muñoz worked in relative obscurity at the Mexican division of a major U.S. chemical company, rising through the ranks to become president of the subsidiary. Then […]
The Brave New World of Corporate Governance
Ricardo Salinas Pliego, the Mexican business leader, has become a target for shareholder rights activists. Here, he gives his side of the story and sets out the far-reaching changes in corporate governance at his group of companies, which includes TV Azteca and the Elektra retail chain.
Business & Banking
Telmex Spins Off International AssetsMexico’s largest telecommunications company, Telmex, spun off its wireless and international holdings into a new company América Móvil in an offering on the New York Stock […]
Cemex’s Stratospheric Rise
In the last decade, the Mexico-based cement company has transformed itself into a world-class company. The problem is, Cemex may eventually outgrow its home market.
Codified Rules, Not Case Law
While based on similar constitutional principles, Mexico’s confined legal framework differs from the US common law system. Foreign investors should understand the basics of the country’s legal system and its enforcement.
Fox’s Biggest Sell
Part cheerleader, part idealist and all business, Vicente Fox Quesada is convincing Mexico – and the world – that with rationally designed policies, performance targets and a dose of zeal, he can put the country firmly on the road to modernization and growth.
