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Remittances will further bolster Mexico’s economy

Location:

MEXICO

Mexico has overtaken China in having the second-highest remittance income in the world, behind only India, which receives around USD100bn per year. Growth has been uninterrupted…

Mexican banks face good year despite slower GDP growth

Location:

MEXICO

The most high-profile news to come out of the sector in 2022 was Citigroup’s decision in January to sell its local retail operations, a process that is still ongoing.

Proposed Mexican financial legislation sparks concerns

Location:

MEXICO

The move, however, has proven controversial, generating a backlash over its potential impact on commercial banks and the central bank (Banxico), which sees it as a threat to its…

Global vulture funds action will be restricted

Location:

INTERNATIONAL

Prospects for vulture fund activity.

Mexico fintech sector to boom as the economy struggles

Location:

MEXICO

Mexican fintech growth.

Tight monetary policy to strengthen Mexican peso

Location:

MEXICO

Banxico justified the move as an attempt to curb inflationary expectations and eventually reduce inflation. It should also boost the peso, making the currency more attractive to…

Mexico capital outflows point to investor uncertainty

Location:

MEXICO

The administration’s continuous attacks against certain private-sector interests, domestic and foreign, have also rattled investors, seemingly contributing to increased capital…