Goldman plans Mexico push with stock brokerage launch

Pedro Gonçalves
clock • 1 min read

Goldman Sachs is heading south of the US border to boost its presence Mexico,  Latin America's second-largest economy, Bloomberg reports, citing people familiar with the matter. The move into Mexico will allow the investment bank to buy and sell stocks locally on behalf of clients. However, it will be months before the new operation is up and running. Goldman has been offering fixed income trading services in Mexico for many years and its expansion into equities would bring it up to speed with other US banking rivals who already offer full-services stock brokerage services in the coun...

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