12.08.2014 23:50:00
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Moody's: Bicentenario failure exposes weaknesses in Mexico's niche bank strategy
Mexico, August 12, 2014 -- The Mexican authorities' revocation of niche bank BicentenarioBicentenario's license and liquidation of its assets highlights both recent reforms of the financial sector and the limitations of those reforms, says Moody's Investors Service in its new report "Bicentenario's Failure Highlights Weaknesses in Mexico's Niche Bank Strategy."