September 28, 2016 3:50 AM ET

Banks

Company Overview of Banco Ve por Más, S.A., Institución de Banca Múltiple, Grupo Financiero Ve por Más

Company Overview

Banco Ve por Más, S.A. Institución de Banca Múltiple, Grupo Financiero Ve por Más provides banking and credit services to various clients and customers in Mexico. It operates through three segments: Credit Transaction, Brokerage, and Treasury. The company engages in the purchase and sale of foreign currency; and provision of company credits, mortgage loans, commercial loans, and consumer loans, as well as financial advisory, online banking, and financial factoring services. It offers its products and services through a network of branches, as well as its Website. The company was founded in 1995 and is based in Mexico City, Mexico. Banco Ve por Más, S.A. Institución de Banca Múltiple, Grupo F...

Paseo de la Reforma 365

Colonia Cuauhtémoc

Mexico City, DF 

Mexico

Founded in 1995

Key Executives for Banco Ve por Más, S.A., Institución de Banca Múltiple, Grupo Financiero Ve por Más

General Deputy Manager of Finance, Operations and Systems
Member Secretary of the Board of Directors
Member Pro-Secretary of the Board of Directors
Member Pro-Secretary of the Board of Directors
Compensation as of Fiscal Year 2016.

Banco Ve por Más, S.A., Institución de Banca Múltiple, Grupo Financiero Ve por Más Key Developments

HSBC Is Reportedly In Talks To Sell Assets In Latin America

HSBC Holdings plc (LSE:HSBA) is negotiating with sector players such as The Bank of Nova Scotia (TSX:BNS) (Scotiabank) and Banco Ve por Más, S.A., Institución de Banca Múltiple, Grupo Financiero Ve por Más (BX+) to sell its assets in Latin America, including the units in Brazil and Mexico, Mexican daily El Financiero reported on April 8, 2015, citing sources close to the matter. The talks between HSBC and BX+ have been delayed due to the high value of HSBC's Mexican business, while a potential deal with Scotiabank in Brazil has been postponed due to the latter's reluctance to pay a high price, according to the unnamed sources. HSBC's Chief Executive Officer, Stuart Gulliver, is under pressure to divest the assets in order to meet the group's growing capital needs, El Financiero said. When contacted by El Financiero, Lyssette Bravo, head of public relations at HSBC Mexico and Latin America, said that the bank would not comment on speculation, reported SeeNews.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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