Bancomext, the Mexican government's export-import bank, set a new benchmark in November when it issued the first peso issue that can be traded by international investors.
Pemex, Mexico's national energy company, earns billions of dollars a year. But that prodigious wealth is vanishing
because the government has failed to feed its exploration
A federal guarantee for a securitization of real
estate development loans is a significant step in Mexico's
evolution to capital markets-based mortgage
With the purchase of Grupo Bital, HSBC finally has the anchor it has wanted in Mexico for several years.Meanwhile, the feisty Bital is getting a much-needed boost to its balance sheet.
After providing a solid supply of money for Latin American bond issuers, the yen market snapped shut last August. Only the Mexican state electricity company has been able to break in.
President Vicente Fox has been unable to overcome the
political obstacles to many of his vaunted reform plans. Still,Mexico has largely avoided South America's malaise and remains a regional economic powerhouse.
Nearly all Mexico's banks are foreign-owned now, and the financial system is fully recovered from the financial crash of 1995. But lending remains feebele in a country desperately in need of credit.
Sep 11 - 12, 2014 | Westin Beijing Chaoyang, Beijing, China
LA-CIF is the leading event connecting Latin America and China. Through an invitation-only,...
Sep 11 - 12, 2014 | 朝阳威斯汀酒店, 北京, 中國
Sep 16, 2014 | Westin Chosun, Seoul, South Korea
LA-KIS will examine the rapidly evolving LatAm-Korea investment relationship, the pace & direction...
Sep 17 - 18, 2014 | Hotel Intercontinental, Medellín, Colombia
The only event bringing together the Andean region’s most innovative corporate issuers, the growth...
Sep 25 - 26, 2014 | Velas Vallarta, Puerto Vallarta, Estado de Jalisco, Mexico
The only annual gathering of senior public-sector officials, financiers, sponsors and investors...
Are populist governments like Venezuela & Argentina turning pragmatic?
In some ways
At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.
Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator
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