Banorte increased its net profits in eight years
Grupo Financiero Banorte's net income tripled between 2015 and 2023, rising from 17.108 billion pesos to 52.418 billion pesos, according...
banks
Banorte acquires Uruguay’s More Payment Evolution
As part of the consolidation of its Uniteller subsidiary in the international payments sector, Banorte purchased More Payment Evolution of...
In the second quarter, Banorte makes over $14 billion pesos and surpasses the one billion pesos mark for the first time
Banorte, which is regarded as Mexico's second-biggest bank based on asset value, reported its financial results to the Mexican Stock...
By 2027, there will be 86 million fintech users in Mexico
Digital financier Finvero and the Open Finance 2050 program estimate that in 2027, there will be 86 million fintech users...
Banco Sabadell rejects proposal to take over BBVA for 13 billion dollars
The board of directors of Banco Sabadell declined the acquisition bid put up by BBVA last week, as stated in...
Under a $35 billion agreement that unites the largest US credit card firms, Capital One will purchase Discover
Capital One Financial announced that it will purchase Discover Financial Services for $35 billion. This would combine two of the...
Credit Suisse is being purchased by UBS
UBS, Switzerland's largest bank, has agreed to purchase its ailing rival Credit Suisse in an emergency rescue deal aimed at...
The Bank of México raises its interest rate to a new high of 11%
After both headline and core inflation rose in January, Mexico's central bank raised its benchmark interest rate by 50 basis...
Wells Fargo, Bank of America and JPMorgan are reportedly collaborating on a digital wallet to compete with Apple Pay.
As reported by The Wall Street Journal, the digital wallet would be run by Early Warning Services, a joint venture...
