Mexican Banks – April Data Sets the Scene for 2Q20
Mexican banks’ key data for April sets out the key challenges for 2Q20; cost of risk continues to worsen, with fee generation under pressure; near...
492 Views
Galliano's Latin Notes 2019 Recommendations in Review, and Initial Thoughts for 2020
Our post mortem of 2019 recommendations shows that we have had some successes; good bull calls were Gentera SAB De CV (GENTERA* MM EQUITY) in...
851 Views
Banorte (GFNORTEO MM); Management's Initial 2020 Guidance Looks Too Optimistic
Grupo Financiero Banorte-O (GFNORTEO MM) hosted a conference call on November 4th to outline the integration of the Interacciones acquisition...
652 Views
LatAm Financials: Top Picks Summary
Our top picks in LatAm financials are Banco Do Brasil Sa (BBAS3 BZ) , Cielo SA (CIEL3 BZ) in Brazil and Gentera SAB De CV (GENTERA* MM EQUITY) in...
604 Views
Mexican Banks - A More Demanding Quest for Value; Take Profits on Banorte
Mexican banks and financials' solid share price performance makes the quest for value a tougher proposition We stick with our positive...
549 Views