Hints and tips:
...Having started out at Gordon Ramsay’s Pétrus, she moved to Gramercy Tavern in New York, and Lyle’s and Flor in London before taking charge of the pastry section at the River Café....
...The moves left BofA with more than $100bn in paper losses at the end of the first quarter, according to data from the Federal Deposit Insurance Corporation. Read more on BofA’s blunder. 3....
...Sura and Nutresa are connected by a web of cross-shareholdings covering them and a third major Colombian corporation, the cement and infrastructure concern Grupo Argos....
...“We’re at our limit,” said Pablo de la Flor, head of Peru’s national mining, petroleum and energy association (SNMPE)....
...“They want to sell the story that the rich [people and corporations] don’t pay tax,” she said....
...Like many Mexican business people, Armando Santacruz, chief executive of chemicals company Grupo Pochteca, has faced numerous tax audits during the past decade....
...2011 to 3.6 per cent now; Taiwanese smartphone maker HTC, down from 47 per cent in 2011 to just 0.9 per cent; Turkey’s Halk Bank, off from a peak of 27.8 per cent in 2013 to 1.3 per cent; and Mexico’s Grupo...
...The companies, which included a subsidiary of Sempra, the San Diego utility holding company, TransCanada and Grupo Carso, owned by Mexican multibillionaire Carlos Slim, murmured about work delayed by local...
...The bank had announced a settlement between BUSA and the Federal Deposit Insurance Corporation and California’s Department of Business Overisght in July 2015, when it also announced its plan to wind down...
...Other shareholders include Grupo Multitél of Spain as strategic partner; telecoms groups Axtel, a unit of Mexican conglomerate Alfa; and Megacable, a Mexican cable operator, with 4.01 per cent each....
...“We said ‘whoa’,” recalls Carlos Pellas, president of Grupo Pellas, which as well as Flor de Caña spans 25 other businesses, including financial services, energy, healthcare and car dealerships, with operations...
...One was its takeover of Mexico’s Grupo Financiero Bital, which led to HSBC being fined $1.9bn by US regulators for handling hundreds of millions of dollars for drug cartels....
...This week Citi said that it would shut down Banamex USA, the 300-employee US unit, in the wake of a $140m penalty from the Federal Deposit Insurance Corporation for violations of the Bank Secrecy Act and...
...Mexico’s presence in Peru is dominated by Southern Copper Corporation, owned by Grupo Mexico, as well as Carlos Slim’s telecoms company Claro, Banco Azteca (Grupo Salinas) and Bimbo in the consumer goods...
...The US Attorney’s office in Massachusetts and the Federal Deposit Insurance Corporation issued subpoenas to Banamex USA last year inquiring about money laundering....
...Provincia, a financial corporation....
...Two emblematic mining projects, Minas Conga, spearheaded by US gold giant Newmont, and Tía María, proposed by Grupo Mexico’s Southern Copper Corporation, are in a waiting pattern....
...Dec 1999: HSBC Private Bank is established after HSBC Holdings acquires Republic New York Corporation and Safra Republic Holdings. Aug 2002: HSBC buys Grupo Financiero Bital in Mexico....
...Problems in the Brazilian and Mexican oil industries unleashed by the plunge in crude prices have ensnared two pillars of Singapore Inc — rig builders Keppel Corporation and Sembcorp Industries — and through...
...The second to backfire was its takeover of Mexico’s Grupo Financiero Bital, which led to the bank being fined $1.9bn by US regulators for handling hundreds of millions of dollars for drug cartels....
...Banamex USA also received a subpoena from the Federal Deposit Insurance Corporation concerning the same compliance issues, Citi said....
...Rarely can a restaurant patron in Mexico choose between beers from the country’s biggest brewers, Grupo Modelo or Femsa Cerveza, let alone an imported beer or micro-brewery offerings....
...In separate enforcement actions, last year the Federal Deposit Insurance Corporation and the California Department of Financial Institutions cited Banamex USA – the US banking arm of Banamex – for deficiencies...
...Afsca has sought to recuse all the appeal court judges, arguing that some had accepted a Clarín-financed trip to Miami and were part of a “judicial corporation” siding with the London-listed media group....
...Keppel Corporation and SembCorp Marine together account for about 70 per cent of the market for production of jack-up rigs, which have legs that are planted on the ocean floor and are used for drilling in...
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