Category: Regions

Rogelio Ramírez de la O, a Mexican economist, believes the international press and finanical community have exaggerated the accomplishments of President Ernesto Zedillo. De la O argues that in spite of his economic achievements, Zedillo has failed to create a new economic framework for Mexico and has left masses of workers outside the rising tide of global capital flows.

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 […]

Mexico-based brewer Femsa Cerveza has named former Coca-Cola executive Randel Thomas Ransom its new marketing director, replacing Jorge Montemayor who has become a dean at the Instituto Tecnologico y de […]

Corporacion Interamericana de Entretenimiento has named Rodrigo Gonzalez Calvillo, its general director in Mexico, as chief operating officer. Gonzalez Calvillo has served on the company’s board of directors since 1995 […]

Steadily rising oil prices have pushed up Mexican and Venezuelan bond prices since January. However, they are not doing much better than the benchmark EMBI+ index, which has gained 9% […]

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 […]