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The colonia was created in the late 19th century after some false starts, and is named after the Monument to Cuauhtémoc which is a nearby landmark on Paseo de la Reforma. Actions taken by residents have ensured that the area remains mostly residential, with commercial development limited to the strip along Paseo de la Reforma.
HSBC Tower (Spanish: Torre HSBC) is a skyscraper office building located on Paseo de la Reforma in Colonia Cuauhtémoc, Cuauhtémoc, Mexico City, Mexico, which is the headquarters of HSBC Mexico. [1] It is located opposite the Angel of Independence , and is home to the around 2,800 HSBC Mexico staff.
Paseo de la Reforma, especially the section which divides Colonia Juárez from Colonia Cuauhtémoc, is the most modern and constantly developing part of the borough. It is home to the Mexican Stock Exchange, the headquarters of HSBC in Mexico and Mexico City's tallest skyscrapers, Torre Reforma , Chapultepec Uno , Torre BBVA México and Torre ...
Construction, late July 2014 Under construction, end Feb. 2015. The Torre Diana ("Diana Tower") is a 33-story, 158-metre (518 ft) office skyscraper at Río Lerma street #232, at the corner of Río Misisipí, just off the city's iconic boulevard, Paseo de la Reforma in the Colonia Cuauhtémoc neighborhood near the Diana the Huntress fountain.
In December 2012, HSBC was penalized $1.9 billion (US), the largest fine under the Bank Secrecy Act, for violating four U.S. laws designed to protect the U.S. financial system. [3] HSBC had allegedly laundered at least $881 million in drugs proceeds through the U.S. financial system for international cartels, as well as processing an additional ...
The current chancery building began in 1960 and was completed in 1964 at a cost of US$5 million. [2] At the time, it was the second largest United States embassy building in the world.
Chapultepec Uno R509, previously Punto Chapultepec, is a mixed-use skyscraper in Mexico City at the corner of Paseo de la Reforma and Río Ródano street, immediately west of Torre Mayor.
The colonia is located in the northern part of the borough, an area that has been lower class and has had problems with crime since the 20th century. It borders colonias and neighborhoods such as Tepito , Unidad Habitacional Nonoalco-Tlatelolco and Colonia Guerrero , which all have reputations as high-crime areas.