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Friday, May 10, 2002

Volume 3, Issue 18

Hispanic Business Magazine

In the news this week...

Banco Popular Launches Bi-National Program
Banco Popular North America, the country's leading Hispanic-owned bank, announced today the launch of its new Programa Acceso Popular, a community outreach-banking program. Acceso Popular provides tailored financial products for Mexicans living in this country. In addition, the program will provide free financial seminars in the communities and at the workplace.

Wells Fargo Latino Program On Pace to Exceed Goal
Wells Fargo & Company, the nation's leading provider of small business loans, today announced the latest lending numbers for their Latino Business Services Program. With a lending goal increased in 1999 to $3 billion over 10 years to Latino-owned small businesses, Wells Fargo is on pace to achieve 115 percent of their lending objective.

AMA Launches Minority Outreach
The American Medical Association is launching a program aimed at increasing the number of minorities working in medicine.

NCLR Elects New Board Member
Hispanic advocacy group names CEO of The PMI Group, Inc. to board.

B of A Launches Hispanic Initiatives in Phoenix
The Consulate General of Mexico and Bank of America have engaged to launch a series of initiatives targeted at servicing Phoenix's Hispanic population.

IBM to Cut 8,000 Jobs
The Wall Street Journal reports that the top US computer maker will lay off as much as 2.5 percent of its world-wide work force this quarter.

Republicans Woo Hispanics with Infomercial
The Republican National Committee will air a Spanish-language, paid-programming television show in six select Hispanic markets.

Studies Examine 'C-level' Mindset
Recently released research about the media habits of top executives reveals interesting insights.

Citibank Eyes Mexican Immigrant Market
Citibank has announced plans to compete with market leader Bancomer subsidiary BBVA in the lucrative U.S.-Mexico money transfer business.

Trade Magazine Expands Coverage To Latino Market
OXFORD, MS -- Oxford Publishing, Inc. has announced that its Nightclub & Bar Magazine title will expand editorial coverage to include the lucrative Latino market. The magazine will add sections spotlighting Latino nightclubs and related beverage, food, music and entertainment trends and add thousands of Latino venues to its circulation.

LatinoCare Management Corp. Retains Investment Banker
LONG BEACH, CA -- LatinoCare Management Corporation, which as Latino Health Care manages the largest medical network serving the Latino community in Southern California, has entered into an agreement with Brill Securities for that firm to become the healthcare company's investment banker.

Fourdiaz and Mun2 Win Addy Award
Miami-based fourdiaz design was honored on Saturday, May 4 for the second time with a Gold Addy Award in a regional competition across Florida and the Caribbean. This prestigious recognition for creative excellence was awarded by the American Advertising Federation (AAF), at the Fourth District Annual Conference, in Naples , Florida .


From the current issue of

Hispanic Business magazine

Film Producer Has Activistís Heart
On the heels of his latest success, David Valdes says he wants to concentrate on Hispanic-themed films.

Behind the curve
Hispanic small-business owners often shy away from technology. In todayís economy, thatís a high-risk posture.

Visit our other sites!

HBEvents.com provides the most up-to-date information on Hispanic Business Inc. educational services and events, including the Hispanic Business Magazine Entrepreneur of the Year.

HispanTelligence.com contains quantitative data and a qualitative analysis on the U.S. Hispanic market. It allows researchers and business planners to access data on the Hispanic market.

HireDiversity.com, the recruiting branch of the family, offers an efficient place for minority job-seekers and diversity-minded employers to meet. The site also offers an array of diversity news.

SuperOnda.com is the site of the sister magazine of HISPANIC BUSINESS. It aims at passing along the Hispanic heritage of success to the next generation of young Hispanics. The site features a list of the best schools for Hispanic students, career development resources, musical and entertainment reports and much more.

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