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Executives at Mexican lender Banorte on Wednesday warned that foreign-exchange volatility and a potential dividend payout ...
Mexico’s Grupo Financiero Banorte is beefing up technology and compliance and reviewing its customer activity after the US ...
By Kylie Madry MEXICO CITY (Reuters) -Mexican lender Banorte's net profit ticked up 4% in the second quarter, lifted by a ...
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Zacks Investment Research on MSNAll You Need to Know About Grupo Financiero Banorte (GBOOY) Rating Upgrade to BuyGrupo Financiero Banorte SAB de CV (GBOOY) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in ...
Banorte’s adjusted return on equity reached 21.1% in Q2, flat year-over-year and similar to the 21% reported in Q1. At the bank level, ROE stood at 30%, while the insurance business normalized after ...
View the latest Grupo Financiero Banorte S.A.B. de C.V. Series O (GFNORTEO) stock price, news, historical charts, analyst ratings and financial information from WSJ.
Mexican lender Grupo Financiero Banorte is preparing to hire 800 new employees to tap into growing demand from global companies moving their manufacturing operations to Mexico, its chairman told ...
Banorte still expects Latin America's No. 2 economy to eke out some growth. "Banorte has always bet on Mexico," he said. "In times of crisis, Banorte always grows." ...
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.
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.
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 ...
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