Category: Mexico

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.

Targeting the micromarket is a strategy that businesses other than banks are pursuing. Mexico’s Grupo Elektra, a home furnishing and appliance conglomerate, is extending credit to the poorer end of […]

One of the perennial complaints leveled by analysts against Mexico’s banks is that the institutions are unduly lax about what they classify as productive loans and what they consider to […]

Following some well-publicized failures, Mexican banks are seeking to boost their profile through capitalization and consolidation.

International energy companies are eager to open the investment floodgates if, and when, Mexico reforms its electricity sector.

When rumors hit the market last month that Telmex owner Carlos Slim was negotiating a deal with minority shareholder SBC Communications that would lead to Telmex’s delisting from the Mexican […]

At the end of March, Mexican banks Bancomer SA and Banca Serfin SA formally entered guilty pleas in Operation Casablanca, the largest money laundering case in US history. In separate […]

All indications are that Mexico will meet its foreign and domestic debt obligations in 1999.

Lawmakers approved Mexico’s 1999 budget by the skin of their teeth; but with renewed capital flows far from certain, how long can the economy bear up under increased austerity?

The proposed easing of restrictions on foreign ownership in Mexico’s banking sector reported by LatinFinance in May (Right Place, Right Time, Issue 97) appeared to be tailor-made for Banca Serfin […]