Banorte to Add 800 Mexico Jobs for Investment Boom on US Border
- Banorte joins chorus of Wall Street firms betting on reshoring
- Most of hiring to support small and medium-size businesses
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Grupo Financiero Banorte, the largest Mexican-owned bank, is adding 800 jobs as the nation becomes a destination for factories looking to relocate from other far-flung countries to be closer to the US.
The firm, which employs more than 30,000 people in Mexico, is increasing its workforce as it looks take advantage of the trend known as nearshoring, the bank’s Chairman Carlos Hank González said. The new jobs will range from marketing to customer care, with most of the hiring coming in the wholesale division to offer services to small and medium-size businesses.