HALISTER1: Santander Mexico Chairman: Pemex Payments Troubles Resolved

Santander Mexico Chairman: Pemex Payments Troubles Resolved

(Bloomberg) -- Santander Mexico Chairman Marcos Martinez speaks at IMEF International Forum in Monterrey.
  • “The worst is over,” Martinez says about Pemex
  • On money laundering:
    • Technology should help fight money laundering
    • Mexico needs to consolidate individuals’ identities from different national agencies
  • Basel regulations are strict, but good
  • Santander Mexico is very profitable in lending

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
SANMEXB MM (Grupo Financiero Santander Mexico SAB de CV)
1232Z MM (Petroleos Mexicanos)

People
Carlos Rodriguez De Robles (Banco Santander SA)
Marcos Martinez Gavica (Banco Santander SA)

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