May 09, 2013 at 00:44 AM EDT
UPDATE 3-Mexican government unveils bank reform bill to spur lending
By Alexandra Alper MEXICO CITY, May 8 (Reuters) - Mexico on Wednesday presented wide-ranging financial reforms to jump-start lending in Latin America's No. 2 economy, making it easier for banks to collect on guarantees for bad loans and beefing up regulator powers over delinquent companies. The reforms target the financially conservative policies of Mexico's banks, which boast high capital levels but lend much less than their counterparts in other countries. The bill includes a new
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