Banorte has come a long way in a short time. As Mexico’s last big locally-owned commercial bank, Banorte has its work cut out to compete against giant foreign-owned banks that […]
Category: Mexico
Mid-Size Ministering
Pedro Aspe, the former Mexican finance minister who resurrected the country’s finances in the late 1980s, raises money for small- to medium-sized companies starved of capital.
The Mexican Banking Crisis Lives On
Eight years after the government’s banking intervention, the Mexican public still lacks a full accounting of the costly decisions taken to stabilize the country’s financial system.
América Móvil Moves In
The Mexican cellular operator has gobbled up competitors in South America in a bid to be a top player in every market where it operates.
Gil Díaz’s Strong Hand
Mexico’s finance secretary has firmly managed Mexico’s accounts, even paying off the last of the country’s Brady bonds. Economic stability and low inflation now are hallmarks of Latin America’s biggest economy.
Luring Investors with Innovation
In 1995, just as Mexico was crawling out of the peso crisis, the ailing sovereign found its salvation in the international debt market. In December 1994, the country had sunk […]
LYNCHPIN Martín Werner
It must be satisfying to witness years of labor come to fruition. Martín Werner, managing director of Goldman Sachs’ Mexico office, has dedicated almost his entire career at Mexico’s ministry […]
Telmex Sets the Standard
Today, Teléfonos de México (Telmex) is one of the most successful telecommunication companies in Latin America. It is the dominant provider of fixed-line and cellular services in Mexico. Telmex’s evolution […]
Testing Market Confidence
In 1995, just as Mexico was crawling out of the peso crisis, the ailing sovereign found its salvation in the international debt market. In December 1994, the country had sunk […]
Sovereign Report
Mexican Bradys, Endangered Species Mexican Bradys are on their way out, after the finance ministry decided to call $3.8 billion-worth of outstanding dollar-denominated A and B series Brady bonds. Once the […]
