Citigroup announced that it will end its operations in the consumer banking business in Mexico in 2022, marking the end of two…
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Citibanamex
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This Wednesday, during the morning press conference from the National Palace, Andrés Manuel López Obrador, the President of Mexico, stated that the…
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Citigroup Inc scrapped a $7-billion sale of its Mexican consumer unit and will list it instead, in a surprise move that delays…
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HeadlinesNationalNews
AMLO’s government would consider participating in Citigroup Inc’s sale of its retail banking unit Banamex
Mexico’s President Andres Manuel Lopez Obrador said the government would consider participating in Citigroup Inc’s sale of its retail banking unit Banamex…
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Citibanamex is spending 1.4 billion pesos ($67.8 million USD) to remodel more than 1,200 branches in Mexico with plans to expand, a…
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BusinessBusiness-newNationalNews
Why Citigroup Is Exiting its Very Profitable Consumer Banking Division in Mexico
The operations that Citigroup is selling consist of $44 billion in assets and generated more than $1 billion of profit in 2021.…
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HeadlinesMeridaNewsPeninsula
According to Irving Berlin, INAH must evaluate any change in “Casa de Montejo”
The Mérida City Council Culture Department Director stressed that the building, now for sale, is a cultural heritage of the city (MERIDA,…
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The news that Citibanamex is selling 56% of its assets in Mexico, being highly profitable according to its numbers, is without doubt…
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BusinessBusiness-newHeadlinesNationalNews
Banamex could receive bids from other institutions, Mexican moguls, and global banks
After Citigroup Inc on Tuesday announced plans to sell its Mexican consumer banking business, analysts said homegrown billionaires such as Carlos Slim…
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Mexican President Andres Manuel Lopez Obrador on Thursday urged domestic investors to snap up the consumer banking arm of Citigroup in his…