Banorte
Coverage of Banorte in the Nexus archive.
- Banorte Weighs Another Run at Banamex as Citi Reshapes the Sale
Banorte is considering another bid for Banamex as Citigroup sells stakes and plans to reshape the sale through an IPO. The potential acquisition is linked to Citigroup's strategic shift in its Latin American banking operations.
- Mexico Markets: IPC & the Peso — July 24, 2026
The S&P/BMV IPC fell 1.54% and the Mexican peso weakened to 17.52 per dollar due to a Wall Street sell-off and local profit-taking. Banorte and Walmex were among the affected companies.
- Mexico Markets: IPC & the Peso — July 22, 2026
Mexico's S&P/BMV IPC rose 0.89%, driven by Banorte and Grupo México, with the peso remaining stable. The market experienced a calm session ahead of upcoming mid-month inflation data.
- Mexico’s Banorte Raises US$ 1.35 Billion in Perpetual Capital Notes
Mexico’s Banorte raised US$1.35 billion through perpetual Additional Tier 1 capital notes in two tranches to strengthen its capital under Basel III regulations.
- Mexico Markets: IPC & the Peso — July 15, 2026
Mexico's S&P/BMV IPC increased by 0.85% to 66,529 on July 14, 2026, driven by gains in Femsa and Banorte. The Mexican peso maintained its strength against the US dollar during the same period.