Thomson Financial Forms New Rating Agency in Mexico
Thomson Financial announced that it has formed a local rating agency in Mexico called BankWatch de Mexico. Thomson Financial will provide technical assistance to the new agency and work with the local partners to commence business. The company will rate all types of local Mexican issues and issuers. BankWatch de Mexico has already been licensed by the Comision Nacional Bancaria y de Valores, Mexico’s banking supervisory agency and securities commission. Luis Bravo is the general director of the new company. Since 1993, he has owned Consultoria Economica y Financiera, serving foreign and domestic clients, primarily on trade-related issues.