Grupo Financiero Banamex

Bachoco Announces Results of the Offer of its Shares

Retrieved on: 
Saturday, September 30, 2023
Retail, Agriculture, Natural Resources, Food, Beverage, Ley, Grupo Financiero Banamex, S.A, Poultry, Issue, BMV, Investment, Regulation, Corporation, Issuer, Bachoco, MEX, Egg, Security (finance)

According to the figures determined by the placement intermediary, 8,205,316 shares representing Bachoco's capital stock participated in the offer and were accepted by the Offeror.

Key Points: 
  • According to the figures determined by the placement intermediary, 8,205,316 shares representing Bachoco's capital stock participated in the offer and were accepted by the Offeror.
  • By virtue of the foregoing, the Offeror, including affiliates and related parties, would directly or indirectly own 99.1% of Bachoco's capital stock.
  • Industrias Bachoco is a leader in the poultry industry in Mexico and one of the largest poultry companies in the world.
  • The document contains information that could be deemed forward-looking statements regarding expected future events and results of the Company.

FOX CORPORATION NAMES DAVID ESPINOSA PRESIDENT OF DISTRIBUTION

Retrieved on: 
Tuesday, July 25, 2023
Fox Entertainment Group, FOX, Tubi, Fox Sports, Sport, Fox News, Espinoza, Banco Nacional, Grupo Financiero Banamex, LOS, News, Ministry of Business Affairs (Iceland), Fox Corporation, Distribution

NEW YORK and LOS ANGELES, July 25, 2023 /PRNewswire/ -- John Nallen, Chief Operating Officer of Fox Corporation (Nasdaq: FOXA, FOX), today announced that David Espinosa has been appointed President of Distribution, Fox Corporation.

Key Points: 
  • NEW YORK and LOS ANGELES, July 25, 2023 /PRNewswire/ -- John Nallen, Chief Operating Officer of Fox Corporation (Nasdaq: FOXA, FOX), today announced that David Espinosa has been appointed President of Distribution, Fox Corporation.
  • Espinosa, who most recently served as Executive Vice President, Distribution Strategy and Business Affairs, will now report to Nallen.
  • "It's an honor to have the opportunity to lead such an impactful aspect of the FOX business," said Espinosa.
  • Espinosa has served in increasingly senior roles since joining FOX in 2006 and was named Executive Vice President Distribution Strategy and Business Affairs in 2018.

Schulte Roth & Zabel Adds Two Key Business Leaders

Retrieved on: 
Wednesday, July 19, 2023
Human resources, Corporate Affairs, IPO, Yale College, University, Goldman, AB InBev, Culture, Communication studies, AB, Lead, EmblemHealth, Spotify, Lawyer, Kellogg School, Manhattan Chamber of Commerce, Practice, The Interpublic Group of Companies, GHI, Goldman Sachs, HIP, Acquisition, The Walt Disney Company, Citigroup, DEI, Growth, Avon Products, Manhattan, Schulte Roth & Zabel, SA, Courage, Northwestern University, Commerce, Columbia Law School, Management, Industrial design, Grupo Financiero Banamex

"Talent and innovation drive our business, so we are very excited to bring on board leaders like Jean and John," said Marc Elovitz, co-managing partner of Schulte.

Key Points: 
  • "Talent and innovation drive our business, so we are very excited to bring on board leaders like Jean and John," said Marc Elovitz, co-managing partner of Schulte.
  • He will collaborate with lawyers and business professionals across the firm to develop, lead and execute on the firm's innovation strategy.
  • "Schulte has a reputation for exceptional client service and I'm excited to support employees' professional goals and advance the firm's business objectives."
  • Jean spent more than 25 years working across a multitude of industries to ensure that people strategies reflect and enable key business initiatives.

Citi to Pursue Initial Public Offering of Its Consumer, Small Business and Middle Market Banking Operations in Mexico as It Executes Strategy to Simplify Firm and Deliver Value to Shareholders

Retrieved on: 
Wednesday, May 24, 2023
Banking, Professional Services, Finance, Insurance, IPO, Small business, Business, US, Prospectus, ATM, Citi Private Bank, Investment, Banco Nacional, CFO, ICG, Bank, Financial services, Citigroup, Grupo Financiero Banamex

Citi today announced it will pursue an initial public offering (IPO) of its consumer, small business and middle-market banking operations in Mexico (the “Business”) following the planned separation of its leading institutional business that will remain part of Citi.

Key Points: 
  • Citi today announced it will pursue an initial public offering (IPO) of its consumer, small business and middle-market banking operations in Mexico (the “Business”) following the planned separation of its leading institutional business that will remain part of Citi.
  • As previously disclosed , Citi had been pursuing a dual process to exit the Business, including preparation for a possible IPO, with a commitment to deliver maximum value to its shareholders.
  • The Business will retain the Banco Nacional de México (“Banamex”) brand and will remain one of the leading financial groups in Mexico.
  • Citi has been pursuing the carve out of the ICG business since announcing its plan to separate Banamex.

AM Best Affirms Credit Ratings of Seguros G&T, S.A. and Afianzadora G&T S.A.

Retrieved on: 
Wednesday, May 17, 2023
Professional Services, Insurance, Finance, AM Best, SG, Grupo Financiero Banamex, Life, Investment, ALL, ERM, AG, Credit, USD, GTC, Risk, FSR, AM, Growth, Environment, News, Risk management, Reinsurance, Environmental remediation

AM Best also has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of Afianzadora G&T S.A. (AG&T) (Guatemala).

Key Points: 
  • AM Best also has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of Afianzadora G&T S.A. (AG&T) (Guatemala).
  • The ratings of AG&T also recognize its affiliation and importance to SG&T and GTC Investments, Ltd. (GTC).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

CourtAvenue Launches Latin America Office Amid Continued Corporate Growth

Retrieved on: 
Tuesday, February 28, 2023
Epson, Mercado Libre, Life, General Mills, KIA, Dell, WPP, Commerce, Growth, Hershey, Toyota, Microsoft, Multimedia, Coca-Cola, MEXICO, Drug, Sales, Telmex, Grupo Financiero Banamex, Telcel

MEXICO CITY, Feb. 28, 2023 /PRNewswire/ -- CourtAvenue, the leading digital transformation agency, announced today the launch of its new Latin America office in Mexico City led by CEO Jaime Kalb.

Key Points: 
  • MEXICO CITY, Feb. 28, 2023 /PRNewswire/ -- CourtAvenue, the leading digital transformation agency, announced today the launch of its new Latin America office in Mexico City led by CEO Jaime Kalb.
  • Led by Kalb and his team, CourtAvenue Latin America is guiding clients through the digital ecosystem and catalyzing their digital transformation journeys, producing business strategies that enable better customer experiences, generate revenue growth, and prioritize cost optimization.
  • "As part of the Latin American expansion, we are able to service clients across the region, as well as support our global clients locally," said Jaime Kalb CEO of CourtAvenue Latin America.
  • CourtAvenue is a global agency with offices in Cincinnati, Ohio; Austin, Texas; San Diego, California, and the newest office in Mexico City, Mexico.

Bachoco Announces Results of the Offering for its Shares

Retrieved on: 
Monday, November 7, 2022
Retail, Agriculture, Natural Resources, Food, Beverage, Company, Prospectus, ADR, Investment, IT, Mexican Stock Exchange, Corporation, Poultry, American depositary receipt, BMV, NYSE, Egg, S.A, Issuer, IBA, Regulation, TIME, Bachoco, Issue, Ownership, Grupo Financiero Banamex, SEC, MEX, ARE, Security (finance)

According to the figures determined by the intermediaries, 86,600,416 shares representing Bachoco's capital stock participated in the U.S. offer and the Mexico offer and were accepted by the Offeror.

Key Points: 
  • According to the figures determined by the intermediaries, 86,600,416 shares representing Bachoco's capital stock participated in the U.S. offer and the Mexico offer and were accepted by the Offeror.
  • Industrias Bachoco is a leader in the poultry industry in Mexico and one of the largest poultry companies in the world.
  • Bachoco is vertically integrated; its main business lines are: chicken, eggs, balanced feed, pork, among other products.
  • The document contains information that could be deemed forward-looking statements regarding expected future events and results of the Company.

BANCO SANTANDER MÉXICO WILL REPORT 3Q22 RESULTS AFTER MARKET CLOSE ON OCTOBER 27, 2022

Retrieved on: 
Monday, October 10, 2022
BANCA, International, U.S.–Canada Team Tournament (go), NYSE, Company, MEXICO, Grupo Financiero Banamex, BMV, S.A, Bank

MEXICO CITY, Oct. 10, 2022 /PRNewswire/ -- Banco Santander Mxico, S.A., Institucin de Banca Mltiple, Grupo Financiero Santander Mxico (NYSE:BSMX; BMV:BSMX)("Santander Mxico"), one of the leading banks in Mexico, announced today that it will release its third quarter 2022 financial results after market close on Thursday, October 27, 2022.

Key Points: 
  • MEXICO CITY, Oct. 10, 2022 /PRNewswire/ -- Banco Santander Mxico, S.A., Institucin de Banca Mltiple, Grupo Financiero Santander Mxico (NYSE:BSMX; BMV:BSMX)("Santander Mxico"), one of the leading banks in Mexico, announced today that it will release its third quarter 2022 financial results after market close on Thursday, October 27, 2022.
  • A presentation will also be available for download from the company's IR site after market close on October 27, 2022.
  • The audio of the conference call will be archived on the company's website at www.santander.com.mx
    ABOUT BANCO SANTANDER MXICO, S.A., INSTITUCIN DE BANCA MLTIPLE, GRUPO FINANCIERO SANTANDER MXICO (NYSE:BSMX; BMV:BSMX)
    Banco Santander Mxico, S.A., Institucin de Banca Mltiple, Grupo Financiero Santander Mxico (Banco Santander Mxico), one of Mexico's leading banking institutions, provides a wide range of financial and related services, including retail and commercial banking, financial advisory and other related investment activities.
  • As of June 30th, 2022, Banco Santander Mxico had total assets of Ps.1,773 billion under Mexican Banking GAAP and more than 20.4 million customers.

BANCO SANTANDER MÉXICO ANNOUNCES STRUCTURAL CHANGES IN ITS CEO POSITION AND SENIOR MANAGEMENT

Retrieved on: 
Thursday, July 21, 2022
Group, Corporation, Goldman Sachs, BMV, Human resources, Consumer, Population, Digital, Financial Services Trade and Investment Board, Santander México, Commercial, NYSE, SCIB, Bank, Board, S.A, Secretary of Administration and Finance of Massachusetts, Ministry, Administration, London, International finance, Board of directors, Head, Ministry of Finance and Public Credit, Credit Suisse, Innovation, Grupo Financiero Banamex, The Group, London School of Economics, MEXICO, Pension fund, Management, Economics

Mr. Hctor Grisi will remain as Executive Chairman and Chief Executive Officer of Grupo Financiero Santander Mxico (the "Group") until December 31, 2022.

Key Points: 
  • Mr. Hctor Grisi will remain as Executive Chairman and Chief Executive Officer of Grupo Financiero Santander Mxico (the "Group") until December 31, 2022.
  • ABOUT BANCO SANTANDER MXICO (NYSE: BSMX BMV: BSMX)
    Banco Santander Mxico, S.A., Institucin de Banca Mltiple, Grupo Financiero Santander Mxico (Banco Santander Mxico), one of the leading banks in Mexico, offers a wide range of products and financial services, including retail banking, financial advisory services, as well as other investment activities.
  • Banco Santander Mexico offers a financial services platform focused on the middle and high-income segments of the population as well as small and medium companies.
  • As of March 31, 2022, Banco Santander Mexico held total assets of Ps.1,734 billion pesos and had more than 20.1 million clients.

BANCO SANTANDER MÉXICO WILL REPORT 2Q22 RESULTS AFTER MARKET CLOSE ON JULY 28, 2022

Retrieved on: 
Monday, July 18, 2022
BANCA, S.A, MEXICO, Grupo Financiero Banamex, NYSE, BMV, U.S.–Canada Team Tournament (go), Company, International, Bank

MEXICO CITY, July 18, 2022 /PRNewswire/ -- Banco Santander Mxico, S.A., Institucin de Banca Mltiple, Grupo Financiero Santander Mxico (NYSE:BSMX; BMV:BSMX)("Santander Mxico"), one of the leading banks in Mexico, announced today that it will release its second quarter 2022 financial results after market close on Thursday, July 28, 2022.

Key Points: 
  • MEXICO CITY, July 18, 2022 /PRNewswire/ -- Banco Santander Mxico, S.A., Institucin de Banca Mltiple, Grupo Financiero Santander Mxico (NYSE:BSMX; BMV:BSMX)("Santander Mxico"), one of the leading banks in Mexico, announced today that it will release its second quarter 2022 financial results after market close on Thursday, July 28, 2022.
  • A presentation will also be available for download from the company's IR site after market close on July 28, 2022.
  • The audio of the conference call will be archived on the company's website at www.santander.com.mx
    ABOUT BANCO SANTANDER MXICO, S.A., INSTITUCIN DE BANCA MLTIPLE, GRUPO FINANCIERO SANTANDER MXICO (NYSE:BSMX; BMV:BSMX)
    Banco Santander Mxico, S.A., Institucin de Banca Mltiple, Grupo Financiero Santander Mxico (Banco Santander Mxico), one of Mexico's leading banking institutions, provides a wide range of financial and related services, including retail and commercial banking, financial advisory and other related investment activities.
  • As of March 31st, 2022, Banco Santander Mxico had total assets of Ps.1,734 billion under Mexican Banking GAAP and more than 20.1 million customers.