UPDATE 1-Ford recalls 15,600 cars in South Africa over fire risk
JOHANNESBURG, June 23 Ford Motor Co is recalling nearly 16,000 Ikon and Figo models in South Africa due to a potential fire risk, it said on Friday.
MEXICO CITY Feb 22 Mexican banking group Grupo Financiero Banorte said on Friday it made use of a syndicated loan of 10.2 billion pesos ($800 million) to boost capital at its main bank after its recent purchase of Spanish bank BBVA's pension fund.
Banorte, Mexico's fourth-largest bank, is the group's flagship bank.
In January, Grupo Banorte signed off on the purchase of BBVA's pension fund for $1.735 billion, becoming Mexico's largest fund, with nearly a third of the market.
The bank recently reported fourth-quarter 2012 profits were up 20 percent, helped by lower costs and an increase in funds under management.
* Graphic: Trade-weighted sterling since Brexit vote http://tmsnrt.rs/2hwV9Hv