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Headline: Mexico Source: Euromoney Date: July 2001
Banacci Best debt house: JPMorgan Best equity house: Merrill Lynch Best M&A house: Citigroup/Salomon Smith Barney Grupo Financiero Banamex-Accival, or Banacci, was the best bank in Mexico even before it agreed to be acquired by Citigroup. It was certainly the largest, with 1,349 branches and more than $35 billion in assets. It is also very efficient, with return on equity of more than 20% for the past two years, notwithstanding that its capital adequacy ratio, at 15.4% | |||||||||||||||||||||||||||||||||||||||||
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