US EditionKapital Bank to Acquire Broker-Dealer, Asset Management, and Operational Banking Assets From Grupo Financiero Intercam
41 Articles
41 Articles
Rutland Herald
Kapital Bank to Acquire Broker-Dealer, Asset Management, and Operational Banking Assets from Grupo Financiero Intercam
Kapital is stepping in to acquire fully vetted assets from Intercam, following a rigorous process of analyzing and identifying non-toxic assets by K2 Integrity, a premier financial risk and forensic advisory firm.Kapital is engaging constructively with U.S. Treasury and Mexican…
Julio Gutiérrez Ciudad de México. Kapital Bank announced that it will inject 100 million dollars into Intercam to strengthen its operation, after the latter was pointed out by the U.S. government to facilitate money laundering to criminal organizations. In a statement, the financial institution – which in 2023 acquired AutoFin’s assets – also specified that it will buy assets, liabilities, branches and trusts of Intercam Banco, Intercam Casa de …
Kapital Bank announced that, following the announcement of the acquisition of the assets of Intercam Banco, Intercam Casa de Bolsa and Intercam Fondos, it will inject $100 million into the business, thus supporting customers and allowing them to have more options of products and services with technological innovation and personalized attention.In a statement it reported that, likewise, it will guarantee the continuity of the Intercam team, recog…
Kapital Bank and Intercam Financial Group made known to their clients that they took a strategic step with the formalization of an agreement for the transfer of the assets and subsidiaries of the latter.The agreement includes the acquisition of Exchange House Stock Exchange, Exchange Funds and the assets, liabilities, branches and trusts of Exchange Bank.You CAN INTEREST: Growth economy 0.4%, but will remain contraction in employment at national…
In less than six years, Kapital Bank went from being a credit-focused startup for SMEs to being at the center of one of the most controversial movements in the Mexican financial system. The announcement that the institution will acquire assets from Intercam Banco, Intercam Casa de Bolsa and Intercam Fondos comes after the three national financial institutions are under the magnifying glass of the U.S. Treasury Department for alleged money launde…
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