Category: Mexico

Canada’s Bank of Nova Scotia is spending $40 million to become the majority shareholder in Grupo Financiero Inverlat SA, the struggling Mexican bank that was rescued by the government. ScotiaBank […]

Three foreign banks have registered to bid for Mexico’s third biggest bank, Grupo Financiero Serfin, at an auction scheduled for May. Spain’s Banco Santander Central Hispano, London-based HSBC, and Citigroup […]

Telecommunications came as close as possible to being a one-way bet last year as Latin equity markets caught the Internet bug. Teléfonos de Mexico (Telmex) continued storming ahead and privatized […]

Moody’s earlier-than-expected boost of Mexico to investment grade has underscored the more subtle factors at play among rating agencies vying for a piece of the action.

With an eye toward the expected flood of new investment-grade issues in Mexico, Netherland’s-based ABN AMRO is launching a brokerage business in Mexico, the only big market in Latin America […]

With a buccaneering entrepreneurial spirit, Mexican companies are dominating the Latin American business scene but they could be hit big by higher US interest rates.

BBVA Courts Bancomer Spain’s Banco Bilbao Vizcaya Argentaria SA and Mexico’s Grupo Financiero Bancomer SA, have said they are in preliminary talks to form an alliance, which if successful, is […]

The Mexican government and its banks want to build a stronger financial system. But signs are they better act quickly.

Mexican corporations take five of the 11 top honors for LatinFinance’s Deal of the Year awards, distinguishing the country from the rest of Latin America.

Accounting practices help explain the undercapitalization of Mexican banks.