Bancomext, the Mexican government’s export-import bank, set a new benchmark in November when it issued the first peso issue that can be traded by international investors.
Category: Mexico
MarketWatch
Mexico’s Hot Banks Mexico is the most active market for mergers and acquisitions in Latin America’s banking industry. The country accounts for half the transactions in the region in […]
Mexico’s Starving Cash Cow
Pemex, Mexico’s national energy company, earns billions of dollars a year. But that prodigious wealth is vanishing
because the government has failed to feed its exploration
budget.
Mexico Preps for Fannie Mae
A federal guarantee for a securitization of real
estate development loans is a significant step in Mexico’s
evolution to capital markets-based mortgage
financing.
Santander’s Tactical Success
An effective mix of aggressive marketing, higher-margin products and a rigorous pursuit of efficiency has enabled Mexico’s Grupo Santander-Serfin to post some impressive results and set it apart from its […]
Business & Banking
Toyota Invests in Mexico and Argentina With the goal of using Argentina as an export base, Toyota Motor Corp. says it plans to invest $200 million in the country over the […]
HSBC’s Southern Exposure
With the purchase of Grupo Bital, HSBC finally has the anchor it has wanted in Mexico for several years.Meanwhile, the feisty Bital is getting a much-needed boost to its balance sheet.
So Long to Latin American Samurais
After providing a solid supply of money for Latin American bond issuers, the yen market snapped shut last August. Only the Mexican state electricity company has been able to break in.
Sovereign Report
Mexico Sells $1.75 Billion Global Issue Mexico issued a $1.75 billion, 20-year bond in September that sold like hot cakes even as Brazil edged closer to default. The bond was […]
Presidential Promises Falter
President Vicente Fox has been unable to overcome the
political obstacles to many of his vaunted reform plans. Still,Mexico has largely avoided South America’s malaise and remains a regional economic powerhouse.
