DOCSLIB.ORG

FINANCIAL SERVICES ADVISOR a PUBLICATION of the DIALOGUE June 17-30, 2021

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
FINANCIAL SERVICES ADVISOR a PUBLICATION of the DIALOGUE June 17-30, 2021 LATIN AMERICA ADVISOR FINANCIAL SERVICES ADVISOR A PUBLICATION OF THE DIALOGUE www.thedialogue.org June 17-30, 2021 BOARD OF ADVISORS FEATURED Q&A TOP NEWS Ernesto Armenteros Vice Chairman of the Board, BANKING Banco de Ahorro y Crédito Unión What Is Driving Brazilian Pablo Barahona President & COO, Exporters Allege Global Retail Markets West, Liberty Mutual Group Investment in Manipulation Felipe Carvallo Some of Brazil’s largest exporters Vice President - Analyst are demanding 19 billion reais Latin America Banking Brazilian Fintech? Moody’s Investors Service ($3.77 billion) in a lawsuit against several domestic and foreign Richard Child banks. CEO, Mattrix Group Page 2 Michael Diaz Jr. Partner, CREDIT CARDS Diaz, Reus & Targ Ernesto Fernández Holmann Mastercard, Chairman of the Board, LATAM Airlines Ayucus Rich Fogarty Sign Partnership Managing Director, Agreement Alvarez and Marsal The companies plan to introduce Desiree Green Several Brazilian financial technology companies have announced new funding and growth new credit cards and benefits for Vice President, plans in recent weeks. // File Photo: Christiann Koepke via Unsplash. International Government Affairs, frequent travelers. Prudential Financial Page 2 Laura Güemes Cambras In recent weeks, several Brazilian financial technology com- Transactions Attorney, panies have announced growth plans. They include unicorn DIGITAL CURRENCIES Holland & Knight Ebanx, which began preparations for a potential initial public Earl Jarrett Crypto Assets Chief Executive Officer, Q offering in the United States, and Nubank, which announced The Jamaica National Group Not Legal Tender: $750 million in funding, including $500 million in investment from U.S. Mexican Financial Thomas Morante billionaire Warren Buffett’s Berkshire Hathaway. What forces are driving Attorney Authorities Carlton Fields IPOs in Brazilian fintech and spurring investment in the sector? To what Mexican financial authorities Manuel Orozco extent will IPOs and investment rounds in Brazilian fintech accelerate Senior Fellow, issued a joint statement saying Inter-American Dialogue this year? How will the growth of Brazil’s fintech sector translate into cryptocurrencies are not legal Adalberto Palma-Gomez benefits for consumers? tender in Mexico. The statement Senior Partner, followed remarks by billionaire Proxy, Gobernanza Corporativa Ricardo Salinas Pliego, who said Rodolfo Pittaluga Helen Harris, senior research associate at McLarty Asso- his Banco Azteca could start Adjunct Professor, ciates: “The recent announcement of IPOs and investment using Bitcoin. Florida International University Page 2 College of Law rounds in Brazilian fintechs reflects the industry’s growth Fabian Saide potential. The Brazilian fintech market is one of the fast- Founder, CEO and President, A est-growing industries in the region, receiving $1.9 billion in investments Paykii in 2020, a 72 percent increase from 2019. Brazil’s vast population, wide- Roberto Teixeira da Costa Founder & Board Member Emeritus spread use of mobile devices and limited access to traditional banking CEBRI services make for an appealing market. These factors, combined with Mario Trujillo CEO, the push toward digitalization caused by the pandemic, favors fintechs. DolEx Dollar Express The boom in Brazil’s fintech sector has benefited consumers, providing a means for the 34 million unbanked Brazilians to access financial services in a competitive fashion. Through fintechs, they gain access to credit, savings and a vast array of financial services, allowing them to become incorporated into the formal economy and contribute to economic growth. The Brazilian government has supported this development, approving Salinas // File Photo; facebook Page of Ricardo Salinas Pliego. Continued on page 3 COPYRIGHT © 2021, INTER-AMERICAN DIALOGUE PAGE 1 FINANCIAL SERVICES ADVISOR June 17-30, 2021 BANKING NEWS FINANCIAL TECHNOLOGY NEWS NEWS BRIEFS Brazilian Exporters Mexican Start-Up Mexican Financial Authorities Say Crypto Allege Manipulation Credijusto Buys Assets Not Legal Tender in Suit Against Banks Banco Finterra Mexican financial authorities said June 28 that cryptocurrency assets are not legal tender Some of Brazil’s largest exporters are demand- Credijusto, a Mexico-based small-business in Mexico and that financial institutions that ing 19 billion reais ($3.77 billion) in a lawsuit lender, has bought local bank Banco Finterra in operate with them could face sanctions, against several domestic and foreign banks, al- what Credijusto said was the first acquisition Reuters reported. The joint statement, issued leging that they manipulated foreign exchange of a bank by a Mexican financial technology by Mexico’s central bank, the country’s finance rates, Reuters reported June 16, citing court start-up, Reuters reported June 15. The acqui- ministry and its banking regulator, followed a documents. The AEB exporters association sition, which was underway for a year and a statement by billionaire Ricardo Salinas Pliego, originally filed the lawsuit in 2018 but did not half, recently closed. The deal was worth less who said his financial unit, Banco Azteca, could specify the amount it was demanding from than $50 million, but the combined assets of start using Bitcoin. Such a move would make the banks. The association now alleges that the companies are worth approximately $300 Banco Azteca the first in Mexico to use the Brazil-based exporters suffered losses of 107.4 million, Credijusto’s co-chief executive, David digital currency. Earlier in June, El Salvador’s billion reais due to the banks’ purported ma- Poritz, told Reuters in an interview. Through the Legislative Assembly approved a measure tout- nipulation of currencies in 2010 and 2011. Bra- deal, Credijusto is planning to increase its ser- ed by President Nayib Bukele to make Bitcoin zilian banks face a “real threat” of losses due vices for Mexican companies that sell goods legal tender in the country. to the lawsuit, XP Investimentos told clients to the United States, he said. The fintech also in a note, The Rio Times reported. AEB, which is seeking to serve U.S.-based companies that represents 50 companies, calculated that it have trade with Mexico and other countries represents 20 percent of exporters in the South in Latin America, Poritz added. “There are tre- Venezuela Asks Local American country, Reuters reported. Banks that mendous financing needs for small businesses Banks to Pay for Vaccines are named in the lawsuit include Itaú Unibanco, exporting into the United States, and vice Venezuela, whose access to the global Banco Santander Brasil, Citigroup and BNP versa,” he said, adding that Credijusto is hoping financial system is restricted due to sanctions, Paribas, Reuters reported. Citigroup told the to grow its portfolio into the billions of dollars has asked some private local banks to pay for wire service that it follows the rules, Bradesco across the region in coming years. Combined, Covid-19 vaccines on the government’s behalf, declined to comment, Santander said it had Credijusto and Banco Finterra have loaned in Reuters reported June 21, citing two unnamed not been informed of the suit, and Itaú said excess of $2 billion to small and medium-sized sources familiar with the matter. The banks it would contest the allegations. Other banks businesses, Poritz added. In the next couple of reportedly used foreign currency to pay the named in the lawsuit, which local newspaper years, Credijusto might consider a bank acqui- Covax initiative for the vaccines. Valor Econômico reported on June 15, did not sition in the United States, Poritz added. “It’s a respond to requests for comment by the wire very logical evolution,” he told Reuters. [Editor’s service. AEB believes that a cartel of banks note: See Q&A on private-sector lending in manipulated exchange rates from 2008 to Mexico in the May 6-19 issue of the Financial Mastercard, LATAM 2012, but the organization has not yet been Services Advisor.] Airlines Sign Seven-Year able to calculate the extent of alleged damages Partnership Agreement during that entire time, said AEB attorney Bruno Maggi. In a separate lawsuit filed in April, Brazil’s Nubank Mastercard and Chile-based LATAM Air- Brazilian state oil company Petrobras made Seeking Investment lines Group on June 23 signed a seven-year similar allegations. Brazil’s antitrust agency, partnership agreement in which they will Cade, is also investigating banks’ potential Banks for IPO: Report introduce new credit cards and benefits for manipulation of currencies, Reuters reported. A frequent travelers, the companies said in a global foreign exchange scandal has resulted Brazilian digital bank Nubank, which was joint statement. The first phase of the deal in banks being penalized billions of dollars recently backed by U.S. business magnate War- will expand the benefits of LATAM Pass credit worldwide. Alleged widespread manipulation in ren Buffett’s Berkshire Hathaway, is reportedly cards in Chile, Argentina, Brazil and Ecuador. the spot foreign exchange market first came to looking for investment banks to help manage The second phase, which will start later this light in 2013. an upcoming initial public offering in the United year, will expand to other markets in the region, the companies said. COPYRIGHT © 2021, INTER-AMERICAN DIALOGUE PAGE 2 FINANCIAL SERVICES ADVISOR June 17-30, 2021 States, Reuters reported June 21, citing people FEATURED Q&A / Continued from page 1 familiar with the matter. The sources said the Brazilian
Load more

Recommended publications
  • Creating Emerging Markets – Oral History Collection Ricardo Salinas
    Creating Emerging Markets – Oral History Collection Ricardo Salinas Pliego, CEO, Grupo Salinas and Grupo Elektra Interviewed by Regina García Cuéllar, Researcher, Harvard Business School May 31, 2013 in Mexico City, Mexico Audio interview conducted in Spanish The Creating Emerging Markets Oral History Collection is part of the collections of Baker Library, Harvard Business School. The transcripts are made available for academic research and teaching. Any other use - including commercial reuse, mounting on other systems, or other forms of redistribution - requires permission of Harvard Business School. When use is made of these texts, it is the responsibility of the user to obtain the additional permissions for requests to cite and to observe the laws of copyright and the educational fair use guidelines. Research Inquiries & Requests to Cite Oral History Collection: Please contact Rachel Wise, HBS Archivist, [email protected] or Laura Linard, Director of Special Collections, [email protected] Preferred Citation: Interview with Ricardo Salinas Pliego, interviewed by Regina García Cuéllar, Mexico City, Mexico, May 31, 2013, Creating Emerging Markets Oral History Collection, Baker Library Historical Collections, Harvard Business School. Baker Library Historical Collections Baker Library | Bloomberg Center Harvard Business School Boston, MA 02163 617.495.6411 [email protected] http://www.library.hbs.edu/hc © 2013 Copyright Notice The Creating Emerging Markets Oral History Collection is owned by the President and Fellows of Harvard College. Interview with Ricardo Salinas Pliego Interviewed by Regina García Cuellar May 31, 2013 Mexico City, Mexico Audio interview conducted in Spanish RG: Desde pequeño ¿cuáles fueron los valores en su casa que han permeado a ser quién es? RS: ¿Por dónde comenzaremos? En mi infancia.
    [Show full text]
  • The Grupo Salinas-Faw Alliance Innovar
    INNOVAR. Revista de Ciencias Administrativas y Sociales ISSN: 0121-5051 [email protected] Universidad Nacional de Colombia Colombia Cuervo-Cazurra, Álvaro; Montoya, Miguel A. BUILDING CHINESE CARS IN MEXICO: THE GRUPO SALINAS-FAW ALLIANCE INNOVAR. Revista de Ciencias Administrativas y Sociales, vol. 24, núm. 54, octubre-diciembre, 2014, pp. 219-230 Universidad Nacional de Colombia Bogotá, Colombia Available in: http://www.redalyc.org/articulo.oa?id=81832222015 How to cite Complete issue Scientific Information System More information about this article Network of Scientific Journals from Latin America, the Caribbean, Spain and Portugal Journal's homepage in redalyc.org Non-profit academic project, developed under the open access initiative otes a la inestia i n a la o en ia re vista INNOVARjournal b c c m T s a a lvaro uervoaurra PhD from Massachusetts Institute of Technology and University of Salamanca. Professor. Northeastern University. Boston, USA. E-mail: [email protected] Miguel A Montoya PhD from University of Barcelona. Professor. Tecnológico de Monterrey, campus Guadalajara. Mexico. E-mail: [email protected] rodUcir aUTos cinos en mico la aliana enTre el rUo salinas Y a absTracT Ricardo Salinas Pliego was the CEO of Grupo Salinas, one of the largest business resUmen Ricardo Salinas Pliego era el CEO del Grupo Salinas, uno de los groups in Mexico, and in 2009 he faced a challenge. Two years earlier, he had negotiated with mayores grupos empresariales de México, y en 2009 enfrentó un desafío. Dos años antes había negociado con FAW, la empresa automotriz china, the Chinese car company FAW to import Chinese cars into Mexico as an initial step towards their para importar autos chinos a México como un paso inicial hacia su manu- manufacturing.
    [Show full text]
  • Complaint05-Cv-00004Fernandez.Pdf
    FLED UNITED STATES DISTRICT COURT JAN 0 4 2og5 FOR THE DISTRICT OF COLUMBIA NANCY MAYER WHITTINGTON, CLERK U.S. DISTRICT COURT SECURITIES AND EXCHANGE COMMISSION, § 801 Cheny St., 19th Floor § Fort Worth, Texas 76102 § Plaintiff, CASE NUMBER 1 : €?SCVC?t70t34 V. JU-D E : Emmet G . Sullivan ., AZTECA HOLDINGS, DECK TYPE % General evil T.V. AZTECA, S .A. de C.V S.A. de C.V., RICARDO SALINAS PLIEGO,DATE STAMP : 04/20001 / 5 PEDRO PADILLA LONGORIA, and LUIS ECHARTE FERNANDEZ, Defendants . COMPLAINT Plaintiff, the United States. Securities and Exchange Commission (the "Commission"), files this Complaint against TV Azteca, S .A. de C.V., Azteca Holdings, S .A. de C.V., Ricardo B . Salinas Pliego, Pedro Padilla Longoria and Luis Echarte Fernandez and would respectfully show the Court as follows : SUMMARY 1 . Ricardo B. Salinas Pliego ("Salinas"), Pedro Padilla Longoria. ("Padilla"). and Luis Echarte, Fernandez ("Echarte"), officers and directors of TV Azteca, S .A. de C.V. ("TV Azteca"), a .Mexican reporting company with securities listed on the New York Stock Exchange and its parent corporation, Azteca Holdings, S.A. de C.V . ("Azteca Holdings"), a Mexican company with securities traded on the Over-the -Counter Bulletin Board, engaged in a scheme to violate the antifraud, reporting, certification, books and records, and internal controls provisions of the U.S . federal securities laws. - SEC v. TV Avoca, S.A- de C. V., et al. COMPLAINT Page - 1 2. Recognizing an oppo rtunity to reap a tremendous personal profit at the expense of investors located in the United States and Mexico, Salinas coordinated a scheme to conceal from TV Azteca' s board of directors , the Commission and the investing public the related party nature of several transactions involving the settlement of a contractual dispute between Nortel Networks Corporation ("Nortel") and Unefon, S .A.
    [Show full text]
  • Overcoming Institutional Voids: a Reputation-Based View of Long Run Survival
    Overcoming Institutional Voids: A Reputation-Based View of Long Run Survival Cheng Gao Tiona Zuzul Geoffrey Jones Tarun Khanna Working Paper 17-060 Overcoming Institutional Voids: A Reputation-Based View of Long Run Survival Cheng Gao Tiona Zuzul Harvard Business School London Business School Geoffrey Jones Tarun Khanna Harvard Business School Harvard Business School Working Paper 17-060 Copyright © 2017 by Cheng Gao, Tiona Zuzul, Geoffrey Jones, and Tarun Khanna Working papers are in draft form. This working paper is distributed for purposes of comment and discussion only. It may not be reproduced without permission of the copyright holder. Copies of working papers are available from the author. Overcoming Institutional Voids: A Reputation-Based View of Long Run Survival Cheng Gao Harvard Business School Tiona Zuzul London Business School Geoffrey Jones Harvard Business School Tarun Khanna Harvard Business School Abstract Emerging markets are characterized by underdeveloped institutions and frequent environmental shifts. Yet they also contain many firms that have survived over generations. How are firms in weak institutional environments able to persist over time? Motivated by 69 interviews with leaders of emerging market firms with histories spanning generations, we combine induction and deduction to propose reputation as a meta-resource that allows firms to activate their conventional resources. We conceptualize reputation as consisting of prominence, perceived quality, and resilience, and develop a process model that illustrates the mechanisms that allow reputation to facilitate survival in ways that persist over time. Building on research in strategy and business history, we thus shed light on an underappreciated strategic construct (reputation) in an under-theorized setting (emerging markets) over an unusual period (the historical long run).
    [Show full text]
  • DISSERTATION Juan Pinon
    Copyright by Juan de Dios Piñón López 2007 The Dissertation Committee for Juan de Dios Piñón López Certifies that this is the approved version of the following dissertation: The incursion of Azteca America into the U.S. Latino media Committee: Joseph Straubhaar, Supervisor Michael Kackman, Co-Supervisor Thomas Schatz America Rodriguez Charles Ramirez-Berg Peter Ward The incursion of Azteca America into the U.S. Latino media by Juan de Dios Piñón López, M.A. Dissertation Presented to the Faculty of the Graduate School of The University of Texas at Austin in Partial Fulfillment of the Requirements for the Degree of Doctor of Philosophy The University of Texas at Austin December 2007 Dedication To my mother and my beloved family Acknowledgements I want to express my profound gratitude and appreciation to my advisors, professors Joseph Straubhaar and Michael Kackman, for their guidance, encouragement, and friendship throughout the dissertation process. I also want to recognize the kind support showed by the members of my dissertation committee, professors Charles Ramírez-Berg, Thomas Schatz, América Rodríguez, and Peter Ward; I thank them as well for the crucial role they played in my academic career through their classes. Moreover, I wish to express my gratitude to Victoria Rodríguez and Federico Subervi-Vélez, as they both played a crucial role regarding my decision to study at The University of Texas at Austin. I also want thank Professor Robert Foshko, from whom I learned professionally and personally each day that I performed my duties as a Teaching Assistant. I want to express my gratitude to Sharon Strover, from whom I received institutional support through the extension of my appointment as a Teaching Assistant in the Radio, Television, and Film Department.
    [Show full text]
  • The Fraudulent Mexican Presidential Elections
    Convenit Internacional 17 jan-abr 2015 Cemoroc-Feusp / IJI - Univ. do Porto The Fraudulent Mexican Presidential Elections Denise Juárez1 California State University-Fullerton Resumen: los partidos políticos más importantes en México son el Partido Revolucionario Institucional, el Partido Acción Nacional y el Partido de la Revolución Democrática. Estos partidos fueron creados con el propósito de representar al pueblo mexicano y para favorecer el desarrollo de la democracia en dicho país. Sin embargo, México tiene una democracia corrupta con elecciones fraudulentas, lo que a su vez trascendió en el control del Partido Revolucionario Institucional por 71 años consecutivos. No obstante, cuando el Partido Acción Nacional llegó al poder, demostró que eran igual de corruptos que el Partido Revolucionario Institucional, debido a que participaron en actividades fraudulentas antes y durante las elecciones presidenciales del 2006. El objetivo de este trabajo es analizar las diferentes técnicas ilegítimas que fueron utilizadas por el Partido Revolucionario Institucional y el Partido Acción Nacional con el fin de ganar las elecciones por las que Felipe Calderón y Enrique Peña Nieto ascendieron a la Presidencia de México en 2006 y 2012 respectivamente. Palabras Clave: fraude electoral, PRI, PRD, PAN, Elecciones Presidenciales, Televisa, TvAzecta, López Obrador, Peña Nieto, Calderón, México. Abstract: The most important political parties in Mexico are the Institutional Revolutionary Party, the National Action Party, and the Democratic Revolutionary Party. These political parties were created to represent the Mexican people and for the development of democracy. Nonetheless, the results have been far from a legitimate democracy, it has only created a perceived democracy with elections that are far from equal, resulting in the Institutional Revolutionary Party control of power for 71 consecutive years.
    [Show full text]
  • Programa Cdmx Oct 13 a 17 2016.Indd
    SOCIEDAD INTERAMERICANA DE PRENSA INTER AMERICAN PRESS ASSOCIATION SOCIEDADE INTERAMERICANA DE IMPRENSA The Inter American Press Association is a non-pro t organization bringing together Western Hemisphere publica- tions interested in promoting and protecting freedom of the press and the public’s right to be informed in the New World, its primary goals are the following: Its primary goals are the following: • To defend freedom of the press • To promote and protect the general and speci c interests of daily newspapers and periodicals of the Americas • To strengthen and preserve the dignity, rights, and responsibilities of journalism • To foster uniformity in professional standards and ethical conduct • To exchange ideas and information leading to the cultural and technological development of the press • To strive for broader understanding and cooperation among the people of the Americas and to uphold the funda- mental principles upon which a free society and individual freedoms are based Programa cdmx Oct 13 a 17 2016.indd 57 10/6/16 4:03 PM Offi cers Honorary Life SCOTT C. SCHURZ President Herald-Times Bloomington, Indiana President PIERRE MANIGAULT L Evening Post Publishing Co. Charleston, South Carolina 1st Vice-President JUAN LUIS CORREA ESPAÑO La Estrella de Panama Panama, Panama 2nd Vice-President MATTHEW SANDERS Deseret Digital Media Directory Salt Lake City, Utah 58 Programa cdmx Oct 13 a 17 2016.indd 58 10/6/16 4:03 PM Treasurer CHRISTOPHER BARNES The Gleaner Kingston, Jamaica Secretary BARTOLOMÉ MITRE La Nación Buenos Aires, Argentina
    [Show full text]
  • The Future Is Global
    The Future is Global A Report 0n the International Council Summit November 17, 18, 19, 2010 New York City And please join us for the next International Council Summit September 14, 15, 16, 2011 Los Angeles T&$ R$'()#& !* M$+(, W!)-+.(+$ C!"#$"#% 5 Beyond Old and New 22 What are Half a Billion Friends Worth? Moderator: David Kirkpatrick, Author, The Facebook 8 Snapshots from the reception at Effect, and Columnist, The Daily Beast Bloomberg Headquarters Panelists: Wendy Clark, SVP, Integrated Marketing and Communication, Coca-Cola; David Fischer, VP of 10 Snapshots from the Chairman’s Advertising and Global Operations, Facebook; Steve Dinner at Hearst Tower Hasker, President Media Product Leadership and Advertiser Solutions, The Nielsen Company 12 Snapshots from Luncheon at ‘21’ Club page 12 23 AOL’s Acquired Content Strategy 13 Still King—And Kingmaker A conversation with Tim Armstrong, CEO, AOL Convener Session: Jeffrey L. Bewkes, Interviewer: Betty Liu, Anchor, Bloomberg TV Chairman and CEO, Time Warner, Inc Interviewer: David Carr, Columnist, The New York Times 24 Open For Business A conversation with Lowell McAdam, President 14 Embracing Fragmentation and COO, Verizon Communications From top to bottom Moderator: Becky Quick, News Anchor, CNBC Interviewer: Stephanie Mehta, Executive Editor, Fortune left to right: Panelists: Nick Brien, CEO, McCann Worldgroup; Henrique de Castro, Vice President, Global Media and 25 The Accidental Internationalist page 9 Dave Thomas, Platforms, Google; Scott Kurnit, Founder, Chairman, and A conversation with David J. Stern, Robert McCann CEO, AdKeeper; Christopher Vollmer, Partner and Leader, Commissioner, NBA Global Media and Entertainment, Booz & Company Interviewer: Richard Sandomir, Columnist, Ricardo Salinas, The New York Times Frank A.
    [Show full text]
  • Grupo Iusacell Sa De Cv
    SECURITIES AND EXCHANGE COMMISSION FORM 6-K Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments Filing Date: 2005-07-18 | Period of Report: 2005-07-15 SEC Accession No. 0001275287-05-002526 (HTML Version on secdatabase.com) FILER GRUPO IUSACELL SA DE CV Mailing Address Business Address PROLONGACION PASEO DE PROLONGACION PASEO DE CIK:1089695| IRS No.: 000000000 | State of Incorp.:O5 | Fiscal Year End: 1231 LA REFORMA 1236 LA REFORMA 1236 Type: 6-K | Act: 34 | File No.: 001-14938 | Film No.: 05958679 COLONIA SANTA FE COLONIA SANTA FE SIC: 4813 Telephone communications (no radiotelephone) DELEGACION CUAJIMALPA DELEGACION CUAJIMALPA MEXICO O5 05348 MEXICO O5 05348 DF 5251094400 Copyright © 2012 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 or 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of July, 2005 GRUPO IUSACELL, S.A. de C.V. ----------------------------------------------- (Translation of registrant's name into English) Montes Urales 460 Col. Lomas de Chapultepec, Deleg. Miguel Hidalgo 11000, Mexico D.F. --------------------------------------- (Address of principal executive office) Indicate by check mark whether the registrant files or will fill annual reports under cover of Form 20-F or Form 40-F: Form 20-F [X] Form 40-F [ ] Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g-3-2(b) under the Securities and Exchange Act of 1934.
    [Show full text]
  • Ceos' Digital Identity: Mexico
    CEOS’ DIGITAL IDENTITY: MEXICO December 2015 BARCELONA BOGOTA BUENOS AIRES LIMA LISBON MADRID MEXICO CITY MIAMI PANAMA CITY QUITO RIO J SAO PAULO SANTIAGO STO DOMINGO Contents Presentation 3 Key results 4 The CEO, another digital asset for companies 7 How to implement a Digital Identity Strategy 8 Methodology 9 Team of Specialists 10 Presentation The digital revolution that has been taking This study is a starting point that aims to place in recent years is transforming the measure the reputation of top Mexican CEOs communication, economic, social, and in the Internet by analyzing their presence political models of the world in which we and digital reach through personally-created live, and top businesspeople and CEOs must content, third-party mentions (notoriety), and remain aligned with this new reality. In the ratings (notability) shared by the stakeholders digital world, people are the key players. of an organization via the Internet. The aim Networks give society a voice, and before the is to ascertain whether in 2015 the leaders widespread use of the Internet, this voice of the most important companies in Mexico consisted of individuals who did not have a have been able to evolve at the same rate place in which to express in real time their as social networks, and if those leaders are interests and opinions about what took place ready to understand the rules of the game in their surroundings. The Fourth Estate, imposed by the Internet as to how their which up until a few years ago was an area company’s reputation and communication exclusively reserved for the news media, must be managed.
    [Show full text]
  • La Ruptura Del Monopolio Televisivo En México: El Caso TV Azteca
    UNIVERSIDAD COMPLUTENSE DE MADRID FACULTAD DE CIENCIAS DE LA INFORMACIÓN Departamento de Periodismo III TESIS DOCTORAL La ruptura del monopolio televisivo en México: el caso TV Azteca MEMORIA PARA OPTAR AL GRADO DE DOCTOR PRESENTADA POR Laura Lizeth Campos Guido Directora Ana Isabel Segovia Alonso Madrid, 2014 © Laura Lizeth Campos Guido, 2013 UNIVERSIDAD COMPLUTENSE DE MADRID FACULTAD DE CIENCIAS DE LA INFORMACIÓN Departamento de Periodismo III “LA RUPTURA DEL MONOPOLIO TELEVISIVO EN MÉXICO. EL CASO TV AZTECA” MEMORIA PARA OPTAR AL GRADO DE DOCTOR PRESENTADA POR Laura Lizeth Campos Guido. Bajo la dirección de la doctora Ana Isabel Segovia Alonso MADRID, 2013 AGRADECIMIENTOS. El gran reto de realizar una Tesis Doctoral nunca puede ser en solitario, se trata siempre de un trabajo compartido por muchos. A lo largo de estos años sumaron su apoyo muchas personas e instituciones a las que quiero expresar mi más sincero agradecimiento. Agradezco primero a mi hijos, Manuel y Mikel, por su gran apoyo y sacrificio, por su tiempo robado, por esperar pacientes. Por ustedes todo tiene sentido y para ustedes es cada uno de mis actos y propósitos. A Juan Antonio, mi esposo, por mostrarme hasta dónde soy capaz de llegar, por enseñarme que todo es posible. Construir un presente y un futuro siempre será mejor contigo y siempre será una aventura. El apoyo incondicional de mis padres ha sido crucial en esta etapa que finaliza. Gracias mamá por ser madre para mis hijos en mis ausencias, en mi largas jornadas de trabajo, por enseñarme a amar. Gracias papá por tu apoyo siempre preciso, sin cuestionar; sin ti no podría estar hoy en donde estoy.
    [Show full text]
  • Crypto Daily Report – June 28
    This document is being provided publicly in the following form. Please subscribe to FSInsight.com for more. Members Area Crypto Daily Crypto Daily Report – June 28 Crypto Daily Crypto Daily Report – June 28 June 28 FSInsight Team Crypto Daily Report The Most Important Daily Data for Digital Assets Daily Analysis from FSInsight June 28, 2021 It was a volatile weekend for crypto, as Bitcoin dropped from $34,700 on Friday to nearly $30,000 on Saturday morning before rallying 17% to $35,000 through Sunday and into Monday morning. Similarly, Ethereum dropped from around $1,900 on Friday to $1,700 on Saturday morning, followed by a bounce towards $2,000 on Monday morning. As noted in our Crypto Blast on Friday evening, these swings were likely the result of concerns over leverage and counterparty risk of some lenders in the market. The UK's Financial Conduct Authority (FCA) ordered Binance Markets Limited (BML), a subsidiary of the world's leading crypto exchange Binance, to cease any regulated activity within the country. According to Binance, while this prevents BML from offering regulated services such as options and futures trading, crypto services offered through Binance.com should be unaffected by the ban. Ricardo Salinas Pliego, Mexican billionaire and founder of Grupo Salinas, mentioned on Saturday that the Grupo Salinas-owned Banco Azteca might start offering bitcoin-related services. Salinas, the third- richest person in Mexico, revealed last year that 10% of his portfolio is in BTC, and has been publicly critical of the fiat system
    [Show full text]