Open season: Mexican banks

Article Abstract:

State-owned banks recently privatized by the Mexican government are being purchased by the nation's insurance and securities companies. The government hopes this will consolidate the nation's financial system and prepare it for when Mexico's markets fully open to foreign competition.

Mexico, Banking law

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Local heroes

Article Abstract:

European governments and banks expect competition to emerge between banks as a result of the European Community's monetary union. Many large banks are expected to merge or form alliances in response to competition.

Europe, Bank mergers

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Subjects list: Banking industry, Mergers, acquisitions and divestments
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