Tag Archives: Grupo Bal

Former Banxico Chief to Lead Grupo Bal

By THE PULSE NEWS MEXICO STAFF Alejandro Díaz de León, the former governor of Mexico’s Central Bank (Banxico) was appointed Thursday, March 24, to be the new corporate director of Grupo Bal, a Mexican private-sector conglomerate that includes Palacio de Hierro, Industrias Peñoles and Fresnillo In a statement signed by Grupo Bal president Alejandro Baillères said that “the extensive, deep and

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Alfonso Romo, AMLO’s Link to the Wealthy

By RICARDO CASTILLO     In mid-July, former Mexican Treasury Secretary Carlos Urzúa, upon presenting his resignation to President Andrés Manuel López Obrador (AMLO), launched a frontal attack against AMLO’s Chief of Staff Alfonso Romo Garza in an interview. “It’s most difficult to understand the type of relationship, ideologically speaking, Romo has with the president,” Urzúa said. “He’s an extreme right-winger.” Urzúa

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Mexican Tycoons Go Beserk Over AMLO’s Lead

By RICARDO CASTILLO     Mexico’s top tycoons are slamming down the electoral panic button! One after another, the owners of the nation’s top fortunes are asking their employees to “weigh the balance” (sopesar, in Spanish) of their vote and vote for continuity and stability. What does that mean? Do not vote for the Together We’ll Make History three-party coalition candidate Andrés

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