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Mifel Drops Bid for Vector as Brokerage Pursues Alternate Sale

Vector is pursuing a new sale route under a FinCEN deadline of October 20.

Overview

  • Daniel Becker said Mifel ended talks to buy Vector Casa de Bolsa after they failed to reach commercial agreements.
  • Becker explained that Vector opted for a different sale process than the one initially discussed.
  • Vector was flagged by the U.S. Treasury for alleged money‑laundering–related activity and has until October 20 to secure a buyer, according to Becker.
  • Mifel is now evaluating selected assets from CIBanco and Intercam only where they align with its business model and existing credit expertise.
  • Mexico’s sector continues to reshuffle, with Multiva taking CIBanco’s fiduciary unit, Kapital Bank acquiring Intercam’s bank, brokerage and fund businesses, and BanCoppel agreeing to buy CIBanco’s auto‑loan portfolio.