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Americas

Positive Reaction to Mexican Election

The election result for 2 July was better than expected. The financial markets reacted very well, with falls in country risk and interest rates, plus a rise in the stock market and a strengthening of the peso.

#interest#interest rates#risk

Finova In Trouble

Finova Group Inc. retained Credit Suisse First Boston to review strategic alternatives, including a possible sale, due to short-term financial…

MetroCorp BancsharesInc. Records a $5.3m Factoring Receivable Charge-Off

MetroCorp Bancshares Inc. announced that Advantage Finance Corporation, the factoring subsidiary of MetroBank N.A., has reportedly been the victim of…

#3M#bank#interest rates

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