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Mexico’s Grupo Financiero Banorte is beefing up technology and compliance and reviewing its customer activity after the US ...
MEXICO CITY (Reuters) -Executives at Mexican lender Banorte on Wednesday warned that foreign-exchange volatility and a potential dividend payout could weigh on the company's performance for the ...
Banorte's shares rose 3.5% during the analyst call. On the call, executives said a strengthening peso could dent results by reducing the value of income generated in U.S. dollars, ...
Grupo Financiero Banorte, the largest Mexican-owned bank, is adding 800 jobs as the nation becomes a destination for factories looking to relocate from other far-flung countries to be closer to ...
MEXICO CITY (Reuters) -Mexican lender Banorte on Tuesday reported a 4% bump in its second-quarter net profit, boosted by an expanding loan book. Net profit for the period came up to 14.62 billion ...
MEXICO CITY, July 22 (Reuters) - Mexican lender Banorte (GFNORTEO.MX), opens new tab on Tuesday reported a 4% bump in its second-quarter net profit, boosted by an expanding loan book.
Banorte Bank margins, on the other hand, were up to a record 6.8%, while margin sensitivity remained low (MXN90m per 100bps rate move) – timely as Mexico enters a rate cut cycle.
Executives at Mexican lender Banorte on Wednesday warned that foreign-exchange volatility and a potential dividend payout ...
By Kylie Madry MEXICO CITY (Reuters) -Mexican lender Banorte's net profit ticked up 4% in the second quarter, lifted by a ...
Grupo Financiero Banorte (GBOOY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Mexican financial group Banorte’s chief executive and chairman both resigned Thursday, paving the way for a member of the bank’s leading shareholder family to take the top job.
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