The Limited Times

Now you can see non-English news...

Citi puts Banamex up for sale and shakes Mexican banking | Video

2022-01-12T05:21:55.224Z


The banking scene in Mexico was shaken this Tuesday after Citigroup's announcement about its exit from the consumer banking business in that country, lo | Economy | CNN


The banking scene in Mexico was shaken this Tuesday after Citigroup's announcement about its exit from the consumer banking business in that country, which would mean that it would put Banamex, one of the most recognized and used banks by Mexicans, up for sale.

This announcement is part of a strategic renewal of the financial giant globally, according to a Citi statement.

In Aristegui, the editorial director of the newspaper El Economista, Luis Miguel González, and José Luis de la Cruz Gallegos, director of the Institute for Industrial Development and Economic Growth, comment on what this decision means for the Mexican economy and who could buy the brand Banamex.

Source: cnnespanol

All news articles on 2022-01-12

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.