--UBS Group AG told local employees Wednesday that it is shutting down its Mexican brokerage operation, Bloomberg reports, citing unidentified sources.

--Mexico's stock market has suffered a decline, with IPOs drying up and several companies filing for delisting in the past year, according to Bloomberg.

Full story: https://bloom.bg/2YGholr

Write to Cristina Roca at cristina.roca@wsj.com

(END) Dow Jones Newswires

October 14, 2021 02:55 ET (06:55 GMT)

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