News Mexico Banks: Mexico central bank holds rate at 6.5%, delays inflation target return
By Inigo Alexander and Natalia Siniawski MEXICO CITY, Aug 6 (Reuters) - Mexico's central bank held its benchmark interest rate at 6.50% on Thursday, extending a pause that began in June and pushing back the timeline for inflation to return to target, underscoring the challenge of taming price pressures in Latin America's second-largest economy. Banxico's five-member governing board voted
News Mexico Banks: Mexico’s president wants Mexicans to buy Citigroup unit
Mexican President Andrés Manuel López Obrador says he hopes Mexican investors buy the local subsidiary of Citigroup. The president made his remarks about Citibanamex in a video posted to his social ...
News Mexico Banks: El Paso's United Bank being sold to New Mexico's First American Bank
First American Bank will have 21 branches and $1.9 billion in assets after acquiring United Bank of El Paso del Norte.
News Mexico Banks: Citi says Mexico consumer bank a 'jewel,' as it gears up to sell
(Reuters) - Citigroup Inc described the Citibanamex consumer bank in Mexico it is planning to shed as a "jewel" as it gears up to be active with potential buyers in the coming months. The lender has ...
