Estephany Ley, Head of Retail Banking at BanCoppel, lays out the bank’s strategy to broaden its client base and product offering—from its traditional retail financing to car loans, credit cards, mortgages, payroll loans, and more. She argues that branches, scale, trust, and technology working together will prove a winning formula. Daniela Dib explains how Querétaro is booming for data centers, but the electricity grid isn’t keeping up. We look at Fernando Chico Pardo’s purchase of a 25% controlling stake in Citi’s Banamex for US$2.3bn at 0.8x book. Banamex now must grow loans and revenues, cut costs, better use its cheap deposits, and lift ROE before the upcoming IPO. Carlos Slim—through Carso and FCC—wins a big Saltillo–Monterrey passenger railway contract. Finally, Tito’s takes a majority stake in LALO Tequila as the US tequila market cools—too many brands, price hikes that stretched consumer budgets, and Gen-Zs binge drinking less.
