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Mexico Banking News. Service for global professionals. Constantly updated news and information about Mexico.
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Latest Mexico Banking News

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  • Mexico launches mortgage-backed mutual fund 1 Dec 2009 01:26 GMT
    ... * Mexico launches mutual fund to attract small investors ... be available through banks and brokerages to Mexicans investing a minimum of 20,000 pesos, Infonavit ... billion pesos through mortgage-backed debt placements. Mexico's banking system has avoided much of the turmoil ...

  • Xoom.com Expands in Mexico, Adds Service Through Banco Santander 1 Dec 2009 14:33 GMT
    ... Xoom.com Expands in Mexico, Adds Service Through Banco Santander Expands cash ... that includes fast bank deposit to major banks, and now in minutes to a Santander ... business development for Transnetwork Corp. "Xoom.com offers Mexicans living abroad with the convenience of sending ...

  • Mexico peso knocked off 1-year high by Dubai fears 27 Nov 2009 01:34 GMT
    ... MEXICO CITY, Nov 26 - Mexico's peso sank ... a three-day winning streak that took the Mexican currency to its strongest close in a ... spearheaded the emirate's breakneck growth. [ID:nGEE5AP167] European banking stocks fell by the most in six ...

  • Mexico peso knocked from 1-year high by Dubai jitters 26 Nov 2009 17:35 GMT
    ... MEXICO CITY, Nov 26 - Mexico's peso sank ... a three-day winning streak that took the Mexican currency to its strongest close in a ... conglomerate that spearheaded the emirate's breakneck growth. Banking stocks came under pressure because of potential ...

  • Money Trickles North as Mexicans Help Relatives 25 Nov 2009 04:31 GMT
    ... Mexicans immigrants in the US have long sent ... to a 13.4 percent drop in remittances. Mexico is suffering too. But Mexican families are ... – not unlike investors in many capital-starved banks – are forced to infuse more cash ...

  • At Mexican border, 'Churro Man' walks a fine line 27 Nov 2009 08:14 GMT
    ... TIJUANA, Mexico - El Churrero, the Churro Man, sidesteps ... the 1990s, it was Michael Jordan piggy banks. To American border crossers, the ragtag knots ... the mid-1960s, Mauricio's impoverished parents from the Mexican state of Queretaro moved the family to ...

  • A New 2009 High for the Mexican Peso 3 Dec 2009 15:45 GMT
    ... upward revision in the central bank of Mexico's inflation forecasts announced Wednesday propelled the peso ... to be 2.75%-3.25%. It seems that central banker Ortiz is really suggesting that the key ... be expected in the coming weeks. The Mexican peso is having a fine quarter, appreciating ...

  • Mexico cartels buying officials with campaign cash: Calderon 4 Dec 2009 02:55 GMT
    ... 10:10 am TWN, By Mark Stevenson, AP Mexico cartels buying officials with campaign cash: Calderon ... with campaign cash: Calderon MEXICO CITY -- Mexican President Felipe Calderon said Wednesday that cartels ... provide good oversight over campaign accounts at banks, more regulation is needed on spending by ...

  • Mexico gets $1.5 billion World Bank loan 25 Nov 2009 03:34 GMT
    ... approved a $1.5 billion loan to support Mexico's economic policies implemented in response to the ... said in a statement on Tuesday. The Mexican government's policies focus on developing measures that ... 35 percent increase of outlets that provide banking services. (Reporting by JoAnne Allen; Editing by ...

  • LATIN AMERICAN MARKETS: Brazil Stocks Turn Higher; Mexico Narrows Losses 25 Nov 2009 06:53 GMT
    ... LATIN AMERICAN MARKETS: Brazil Stocks Turn Higher; Mexico Narrows Losses Brazilian stocks finished higher Tuesday, ... of building products maker Duratex SA, while Mexican stocks narrowed losses on the prospect that ... by Chinese regulators to crack down on banks' capital-reserve ratios," analysts at Saxo Bank wrote ...

  • Mortgage Lenders Bailed Out By the U.S. Government 28 Nov 2009 11:10 GMT
    ... Mortgage Lenders Bailed Out By the U.S. Government ... Treasury Department has been bailing out U.S. banks. In efforts to undergird the economy, and ... million 4.New Hampshire - $40.8 million 5.New Mexico - $45.5 million 6.Nebraska - $51.6 million 7.Maine ...

  • US docs' ads target expectant Mexican moms 29 Nov 2009 07:33 GMT
    ... to treat drug addiction, lawyers, restaurants and banks. One of two obstetricians from Nogales, Ariz., who ... said he's always had women coming from Mexico to have their babies but decided to announce ...

  • Mexico cartels buying officials with campaign cash 3 Dec 2009 03:20 GMT
    ... MEXICO CITY (AP) -- Mexican President Felipe Calderon said Wednesday that cartels ... provide good oversight over campaign accounts at banks, more regulation is needed on spending by ...

  • Mexico cartels buying officials with campaign cash 3 Dec 2009 03:25 GMT
    ... MEXICO CITY (AP) -- Mexican President Felipe Calderon said Wednesday that cartels ... provide good oversight over campaign accounts at banks, more regulation is needed on spending by ...

  • Mexico cartels buying officials with campaign ca... 3 Dec 2009 04:31 GMT
    ... Mexico cartels buying officials with campaign cash Wednesday, ... December 2, 2009 at 6:45 p.m. - Mexican President Felipe Calderon said Wednesday that cartels ... provide good oversight over campaign accounts at banks, more regulation is needed on spending by ...


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