Resumen

LEVY ORLIK, Noemi  y  DOMINGUEZ BLANCAS, Christian. The foreign banks in Mexico: diversification of activities and his effect in the structure of income. Economía UNAM [online]. 2014, vol.11, n.32, pp.102-119. ISSN 1665-952X.

This paper discusses the profound changes in financial systems that have modified the linkages between banks, capital markets, businesses, and households. The main impact of financialization on the banking structure has been the development of large multinational financial corporations that have expanded worldwide and modified their key banking activities as well as their income. The main argument of this paper is that although foreign multinational corporations have become dominant in developing countries, and the banking structure and bank activities have been diversified, especially in Mexico, their major income sources still derive from interest income. It further argues that in Mexico, specific banking activities (although not bank operations overall) have oligopolistic structures. These activities are the major income sources for banking institutions, and the entrance of foreign multinational corporations in to the banking market did not change this condition.

Palabras llave : Banks; Investment Banking; Government Policy.

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