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Banking and Financial News Headlines

CORRECTED-MOVES-Crowe Clark Whitehill

The following financial services industry appointments were announced on Friday. To inform us of other job changes, email to moves@thomsonreuters.com.

ANALYSIS-Mexican pension funds, reforms fuel record stock listings

After years in Brazil's shadow, Mexico's stock market is enjoying a listings boom, fueled by hopes of economic reforms and strong demand from pension funds breathing life into a long-stagnant market. From airlines to banks, Mexican companies have raised $9.8 billion this year - more cash than the previous four years combined. That is just $1.1 billion shy of the total issuance in regional powerhouse Brazil, which has

Swiss bank Safra Sarasin to shut India wealth JV-sources

J. Safra Sarasin Group, a Swiss private bank, is shutting its Indian joint venture after it was unable to build significant scale in a competitive market hit by slowing economic growth, sources with direct knowledge of the matter said.