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1. Competing for Hispanic Funds, Bank of America Goes to Mexico.

Author

Mollenkamp, Carrick, Vizthum, Carlta, Perez, Evan, Luhnow, David, and Beckett, Paul

Subjects
*BANK mergers, *ELECTRONIC funds transfers, *BANKING industry, *HISPANIC Americans, *FINANCE
Abstract

Reports that Bank of America has agreed to purchase a stake in Grupo Financiero Santander Serfin, a large Mexican bank. Its intention to match its competitors within the Hispanic banking market; Money transfers between the United States and Mexico; Details of the purchase agreement, including price.

Published
2002

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