HSBC México

Type: Company
Name: HSBC México
First reported Aug 13 2014 - Updated Aug 13 2014 - 1 reports

Fitch Affirms HSBC Mexico's IDR at 'A' & VR at 'bbb'; Outlook Stable

MONTERREY, Mexico--(BUSINESS WIRE)--Fitch Ratings has affirmed HSBC Mexico, S.A.'s (HSBCM) Viability Rating (VR) at 'bbb' and its local and foreign currency Issuer Default Ratings (IDRs) at 'A+' and 'A', respectively. Simultaneously, Fitch has affirmed ... [Published Business Wire Professional Services News - Aug 13 2014]
First reported Aug 01 2014 - Updated Aug 02 2014 - 1 reports

GLOBAL ECONOMY-China manufacturing gathers pace, Europe falters, U.S. steady

(Adds Americas region data)BEIJING/LONDON/NEW YORK, Aug 1 (Reuters) - Manufacturing activity in China and most of Asia gathered pace in July, while expansion slowed in Europe but remained healthy in the United States.Measured by manufacturing purchasing ... [Published CNBC - Aug 01 2014]
First reported Aug 01 2014 - Updated Aug 01 2014 - 1 reports

Mexico factory sentiment dips in July to 9-month low

MEXICO CITY, Aug 1 (Reuters) - Mexico's manufacturing sector sentiment dipped in July to a nine-month low as output growth slowed, though the level of new orders pointed to growth ahead as Latin America's No. 2 economy recovers from a slowdown.The HSBC ... [Published CNBC - Aug 01 2014]
Entities: Mexico, Index, HSBC México
First reported Jul 28 2014 - Updated Jul 28 2014 - 4 reports

GRUPO FINANCIERO HSBC 1H net profit up 3.9% yoy

GRUPO FINANCIERO HSBC announced that for the interim period as of the end of June, the pre-tax net income equaled MXN2.365 billion, down 21.1% yearly; net profit rose 3.9% yearly to MXN2.14 billion. ~AAStocks Financial NewsWeb Site: www.aastocks.comNews ... [Published Aastocks.com - Jul 28 2014]
First reported Jul 28 2014 - Updated Jul 28 2014 - 1 reports

Grupo Financiero HSBC H1 Pre-tax Profit Declines

Grupo financiero HSBC S.A. DE C.V. reported that its net income before tax for the first half of 2014 was MXN 2.365 billion a decrease of MXN 632 million or 21.1% compared with the same half in 2013. The decrease was driven mainly by lower net interest ... [Published RTTNews.com - Jul 28 2014]
Entities: HSBC México, AXA SA, Taxes
First reported Jul 24 2014 - Updated Jul 24 2014 - 1 reports

Bladex Announces Second Bond Issuance In Mexico

Mr. Christopher SchechThe issuance was rated "mxAAA" by STANDARD & POOR'S, S.A. DE C.VThe arrangers were Casa de Bolsa BBVA Bancomer, S.A. de C.V., Grupo Financiero BBVA Bancomer and HSBC Casa de Bolsa, S.A. de C.V., Grupo Financiero HSBC.Bladex is a ... [Published Wall Street Select - Jul 24 2014]
First reported Jul 24 2014 - Updated Jul 24 2014 - 1 reports

Bladex Announces Second Bond Issuance In Mexico

PR Newswire Association LLCPANAMA CITY, July 24, 2014 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank"; NYSE: BLX) announces its second issuance of "certificados bursatiles" in the Mexican capital markets, in the ... [Published Insurance News Net - Jul 24 2014]

Quotes

"Taken literally, these PMIs signal an exceptionally strong start for third-quarter growth in China" said Annette Beacher, head of Asia-Pacific research at TD Securities in Singapore
Mr. Christopher Schech, Executive Vice President & Chief Financial Officer of Bladex, commented, "Through its central bank, Mexico has been a shareholder of Bladex since its creation in 1977, along with a number of other Mexican financial institutions. This issuance again demonstrates the depth and liquidity of Mexico's capital markets, as well as investor confidence in Bladex´s franchise and solid financial profile. Trade growth in Latin America continues to be solid and stable, and Bladex plans to deploy these funds to finance that growth, with emphasis on the Bank's loan portfolio in Mexico."
David Bagley, head of group compliance HSBC Holdings said, "I recognize that there have been some significant areas of failure. I have said before, and I will say again, despite the best efforts and intentions of many dedicated professionals, HSBC have fallen short ofof our own expectations, and the expectations of our regulators." He told a key Senate panel during a Congressional hearing that banks planning ot operate in eh US and international markets must learn from the episode...

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All (12) | News (11) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Fitch Affirms HSBC Mexico's IDR at 'A' & VR at ... [Published Business Wire Professional Services News - Aug 13 2014]
GLOBAL ECONOMY-China manufacturing gathers pace... [Published CNBC - Aug 01 2014]
Mexico factory sentiment dips in July to 9-mont... [Published CNBC - Aug 01 2014]
GRUPO FINANCIERO HSBC 1H net profit up 3.9% yoy [Published Aastocks.com - Jul 28 2014]
Grupo Financiero HSBC H1 Pre-tax Profit Declines [Published RTTNews.com - Jul 28 2014]
HSBC (00005): Grupo Financiero 1H net income up... [Published Kingston Securities - Jul 28 2014]
Grupo Financiero HSBC 1H net income up 3.9% to ... [Published etnet.com.hk - Jul 28 2014]
Grupo Financiero HSBC net income up [Published MoneyAM - Jul 28 2014]
Bladex Announces Second Bond Issuance In Mexico [Published Wall Street Select - Jul 24 2014]
Bladex Announces Second Bond Issuance In Mexico [Published Insurance News Net - Jul 24 2014]
Debit Cards Category Led Mexican Card Payments ... [Published PRWeb - Jan 21 2014]
HSBC admits shortcoming in anti-money launderin... [Published Topnews.in - Jul 18 2012]
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Fitch Affirms HSBC Mexico's IDR at 'A' & VR at ... [Published Business Wire Professional Services News - Aug 13 2014]
MONTERREY, Mexico--(BUSINESS WIRE)--Fitch Ratings has affirmed HSBC Mexico, S.A.'s (HSBCM) Viability Rating (VR) at 'bbb' and its local and foreign currency Issuer Default Ratings (IDRs) at 'A+' and 'A', respectively. Simultaneously, Fitch has affirmed ...
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