National stock exchanges are teaming up to offer investors round-the-clock trading and a single pool of global liquidity. The Sao Paulo and Mexico City bolsas are on board, but would they really benefit?
Category: Regions
Front Notes
The election of Vicente Fox as Mexico’s next president was a triumph both for the cowboy-booted former Coke executive and for the country’s effort to distance itself from the rest […]
Spanish Spending Spree
Spain’s Banco Bilbao Vizcaya Argentaria spent more than it planned to buy Mexico’s second-biggest bank. With BBVA’s substantial assets and promise of profits, colonial domination isn’t looking so bad.
Televisa Spreads the Wealth
Mexican businessman Alejandro Burillo plans to sell his 25% stake in Grupo Televisa, Mexico’s largest media company, to a group of large shareholders led by María Asunción Aramburuzabala, one of […]
Carlos Slim Slams Banacci
Spain’s Banco Bilbao Vizcaya Argentaria received some useful moral support from Carlos Slim, Mexico’s richest and most successful businessman, in its bid to take over the country’s second-largest bank, Bancomer. […]
Consortium To Power Metals Producer
Alstom, the French-British power contractor, and Sithe Energies won a $300 million contract to build a power plant in Mexico for Industrias Peñoles, the world’s biggest silver producer. Alstom and […]
Going Local for Longer-Term Loans
With inflation in check and a modest debt repayment schedule, Mexico wants to develop its internal debt market with fixed-rate bonds. Is the market ready to assume the risk?
