Credit Suisse Collapse: Regulator Failure Exposed

Credit Suisse Collapse: Regulator Failure Exposed

Credit Suisse ‍Collapse: Swiss Oversight ‍Under Scrutiny The stunning collapse of​ Credit ⁢Suisse ‌in​ 2023⁣ sent shockwaves⁢ through the global⁢ financial system, narrowly⁤ averting a potential crisis. A recent ‍report reveals‍ significant shortcomings ⁣in ⁢Swiss ⁣regulatory oversight, raising concerns about the effectiveness of international​ banking safeguards. The swiss ⁣Financial ⁢Market Supervisory Authority (FINMA) ‍released a … Read more

Despite being appreciated this Friday, weight accumulates weekly loss

Despite being appreciated this Friday, weight accumulates weekly loss

The peso advanced on Friday for the third consecutive session amid a general weakening of the dollar, which partially overshadowed a series of negative local news for the Mexican currency, including a cut in the key rate and a downgrade of Mexico’s credit outlook by Moody’s. In wholesale operations, the exchange rate concluded at 20.38 … Read more

Peso ends week with gains; closes at 20.19 per spot dollar

Peso ends week with gains; closes at 20.19 per spot dollar

Mexico City. The Mexican peso ended the week with gains, managing to overcome the turbulence caused by Donald Trump‘s victory in the presidential election in the United States last Tuesday, while investors continue to weigh the risks that Trump’s return to the House represents for Mexico. Blanca, who has threatened to impose tariffs on imports … Read more

A mysterious income king chased by the police disappeared from the tax machine –

A mysterious income king chased by the police disappeared from the tax machine
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According to income and tax records, Richard Schueler’s income dropped to zero last year. Schueler was known to live in Helsinki before, but now there is no information about his whereabouts. The Helsinki District Court imprisoned the man in absentia in September on suspicion of aggravated tax fraud and assault. Richard Schueler also goes by … Read more

Mexican peso closes at 20.15 per spot dollar ahead of US elections

Mexican peso closes at 20.15 per spot dollar ahead of US elections

Mexico City. On the eve of the election in the United States, volatility took over the financial markets this Monday. The exchange rate in Mexico, which began the day at 20.05 pesos per dollar, ended at 20.15 per spot dollar. Amid the global weakness of the dollar, emerging currencies, mainly those of Latin America, were … Read more

Mexican peso closes at 20.03 units per dollar

Mexican peso closes at 20.03 units per dollar

Mexico City. At the start of the week before the elections in the United States, the Mexican currency closed above 20 pesos per spot dollar this Monday, its worst level since September 10, 2024. The Mexican peso linked three sessions down (1.05 percent), where this Monday it reported a daily depreciation of 0.32 percent, equivalent … Read more

45 billion dirhams in net profits for 16 listed companies

45 billion dirhams in net profits for 16 listed companies

Youssef Al Bustanji (Abu Dhabi) The net profits of 16 national companies listed on local stock markets increased by 13% by the end of the first nine months of this year, to reach 44.9 billion dirhams, an increase of 5.2 billion dirhams, compared to the net profits they achieved in the equivalent period of 2023, … Read more

The Mexican peso falls for the third time; closes at 19:49

The Mexican peso falls for the third time; closes at 19:49

Mexico City. The gain of the dollar in Mexico did not stop this Wednesday. For the third consecutive day, the Mexican currency weakened against its US counterpart this Wednesday, registering a daily depreciation of 0.75 percent, equivalent to 14.57 cents, to close at 19.4902 pesos per dollar spot. According to data from the Bank of … Read more

Mexican peso closes at 19.93 per dollar

Mexican peso closes at 19.93 per dollar

Mexico City. Financial markets in Mexico had a mixed day on Thursday. The exchange rate opened the session with a depreciation of over 20 pesos per dollar, while the stock market began the session on the rise. The Mexican currency reduced its morning decline, but the shares of Mexican companies closed with losses. The Mexican … Read more

Financial markets await economic and legislative information

Financial markets await economic and legislative information

Mexico City. The Mexican peso strengthened against the dollar again on Monday, in light of the interest rate cuts in the United States, as well as everything related to what will happen in the Senate with the reform of the Judicial Branch and the moderation of inflation in Mexico. The Mexican currency registered a daily … Read more