Banorte

Cruz Azul and Toluca are set to meet in a Liga MX match at Estadio Banorte in Mexico City, with betting odds and predictions circulating ahead of kickoff. Sports outlets are weighing which side is favored as fans from both clubs, two of Mexico's most storied teams, debate the expected result.

Mexican bank Banorte has implemented a total return swap (TRS) in Mexico, according to Securities Finance Times. The move brings a securities finance structure more commonly used in larger markets into Mexican banking operations. Little further detail was given on counterparties, scale or purpose, but the development is being noted by securities finance industry watchers as a sign of the market maturing in Mexico.