Latest articles from Mexico

Mexico plays catch-up

September 3, 2007

The banking system promises huge profits potential in the next few years as players plan growth strategies in a bid to catch up with the rest of Latin America. Brian Caplen reports from Mexico City.

Calderón drives ahead with major reforms

August 1, 2007

Mexico’s president Felipe Calderón has put last year’s rocky election behind him by implementing a package of measures designed to put his country back on a firm financial footing. Monica Campbell reports.

Squabble over pension fees and net returns

April 2, 2007

Trouble is brewing for the Mexican government as it attempts to overhaul the country’s pension fund system. Theresa Braine reports from Mexico City.

Best laid plans

January 8, 2007

The North American Free Trade Agreement (Nafta) was intended, among other things, to improve Mexico’s economy (and thus reduce illegal immigration). In fact, it worked to the detriment of Mexico. Joe Stiglitz analyses what went wrong.

Manuel Medina-Mora

November 6, 2006

Five years after a big bank acquisition, it is a rare deal that is viewed as an unmitigated success. But that is what has happened in the case of Citigroup’s purchase of Mexican bank Banamex.

Agustín Carstens

November 6, 2006

He was Mexico’s deputy finance minister in the first half of President Vicente Fox’s administration, pushing for fiscal reform and credited with doing an excellent job, particularly in his handling of the country’s fractious Congress (not, as bankers point out, something at which the Fox administration in general has been very good).

Friendly foreigners or alien invaders?

November 6, 2006

Mexico’s chief banker is not alone in criticising foreign banks’ inroads and influence on nascent markets. But do they really do more harm than good? Karina Robinson weighs up the arguments.

Reform optimism rises

October 2, 2006

Marcos Martínez, head of the Association of Mexican Banks and CEO of Santander México, believes reforms will be back on track soon, now that a vote recount has confirmed conservative Felipe Calderón as the country’s new president.

Loan arranging at a hole in the wall

July 3, 2006

Susana Fernández Caro details how some banks have tapped into
the potential for making loans available exclusively through ATMs.

BBVA exploits Mexican remittance market through Texan acquisitions

July 3, 2006

Forty-four per cent of Spanish bank BBVA’s 2005 attributable net profit came from Latin America. There is both a downside to this – excessive dependence on a risky region – and an upside – an incredible opportunity to leverage a strong franchise.

What impact did the global pandemic have on banks?

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