Resources

Víctor Bujanda, senior vice president of Banorte Securities, explained the program proposes carrying out several projects to create or improve existing infrastructure in the country and thus generate more jobs. "It promises to be very important relief for those who are currently unemployed due to the pandemic," said Bujanda.

According to Víctor Bujanda, senior VP of Banorte Securities, President Biden's plan focuses primarily on large infrastructure projects, such as airports, roads and bridges, among others. In relation to the employment that can be generated, the expert specifies that "these projects use a large amount of labor."

Historically, the U.S. Treasury yield curve tends to be the first mover of all domestic interest rates and an influential factor in setting global rates. Over several months leading up to January 2021, the U.S. Treasury yield trended slightly due to vaccine progress and the expectation of increased stimulus under a Biden administration. They then spiked sharply in February and March as it became clear that the administration would successfully pass one of the largest fiscal stimulus packages in modern history.

Víctor H. Bujanda, Senior Vice President at Banorte Securities, spoke with Univision 45 in Houston to discuss how the Biden Administration’s tax plan could impact the economy. The President announced a plan to raise taxes on those who earn more than $400,000 and increase the corporate tax from 21% to 28%.

Banorte Securities expert Víctor H. Bujanda explains that the checks represent "money that is going to enter the economy" and that this has a "multiplier effect that will generate jobs, demand for products and an improvement in economic activity." Bujanda believes that the effects of this aid will be seen this year in the midst of the commercial reactivation.

Banorte Securities expert Victor H. Bujanda assures that the president-elect's proposal "comes at a very opportune moment when we begin to see signs of economic contraction in the country." He says the announced money will immediately help families, the unemployed and business owners get ahead amid the pandemic.

Checks began to be deposited on January 4, but many Houston residents still did not receive the $600. Banorte Securites expert Victor Bujanda explains when the checks will arrive and how this package will also help companies through financing through the Paycheck Protection Program (PPP).

The president signed the economic aid package on Sunday, which he had initially refused to approve. Banorte Securities expert Víctor H. Bujanda tells you who the beneficiaries will be and when the check could arrive.

This Sunday, the president approved the budget and the aid package expected by millions of unemployed people. Víctor H. Bujanda, vice president of Banorte Securities, explains who will benefit from the aid and how small businesses can apply for the benefits.

President Donald Trump confirmed late Sunday that he had signed the aid package that had already been approved by Congress. Víctor Bujanda, vice president of Banorte Securities, says that after this decision, the check that Americans will receive will remain $600, despite the fact that the president demanded that it be $2,000, and could begin to arrive in about two weeks.

Democrats in the lower house presented a proposal on Thursday to increase the economic stimulus check to $ 2,000, but Republicans rejected it. Banorte Securities economist Víctor Bujanda assures that "the need for this help is urgent.”

The world is sailing through one of the toughest storms in a century, facing an irksome sanitary crisis with more than 10 million confirmed cases of Coronavirus and slightly more than half a million fatalities. Consequently, governments have been dealing with a complex conundrum since March, between restricting mobility to curb the pandemic on one hand, and gradually reopening the economy to avoid an even worst recession on the other.

CEO Xavier Ibarrola sat down for a Q&A with Houston Chronicle contributor Naomi Snyder. The piece was featured in Texas Inc. and touches on our relocation, business strategy and market niche.

Check out our coverage in CoStar News highlighting our new Houston office that infuses culture from both Mexico and Houston through brightly colored pops of graffiti art décor, including two 6-by-8-foot custom murals.

CEO Xavier Ibarrola penned a column in the Houston Business Journal, focusing on how innovation will help the financial services industry through these difficult times.

CEO Xavier Ibarrola recently spoke with FOX26 Houston reporter Heather Sullivan on Banorte Securities’ relocation to Houston and how our team will impact the Hispanic community’s approach and access to wealth management.

An article by Daniel Gil on Citywire Americas focused on the new management team Banorte Securities has assembled as part of our relaunch in Houston.

CEO Xavier Ibarrola spoke with Houston Business Journal reporter Chris Mathews about Banorte Securities’ plans for the future, starting with our relaunch in Houston.

Prominent Mexican financial institution brings 100-years of relationship-driven, international wealth management to Texas Sept. 14, 2020 – HOUSTON – Banorte Securities International, Ltd. (BSI), member FINRA and SIPC, an investment management and brokerage service company, announced today the relocation of their U.S. headquarters to Houston. Led by a new and experienced management team, the relocation...

Check out our coverage in Funds Society, including how we expanded our product offerings, like BAM Digital, in tandem with our recent move to Houston.

Consumer confidence (August, sa): 34.6pts; previous: 34.1pts With today’s publication, INEGI and Banxico resumed their traditional publication of consumer confidence, ending the phone survey method. However, they note that in this case, figures from the historical series are comparable, allowing for a continuous analysis of this indicator We should note that confidence still remains considerably...

We expect an additional uptick in August’s inflation and July’s IP to extend gains ▪ Inflation (August). We estimate headline inflation at 0.37% m/m (previous: 0.66%), with core prices up 0.30% after advancing 0.40% in July. The latter would contribute 23bps, with the non-core more modest at +14pb. The first fortnight was above market expectations...