Brian Caplen reports on Mexico’s plans to build on its financial stability and raise pitiful tax take levels.
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Latest articles from Mexico
Mexico plays catch-up
September 3, 2007The 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, 2007Mexico’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, 2007Trouble 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, 2007The 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, 2006Five 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, 2006He 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, 2006Mexico’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, 2006Marcos 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.