Citi Keeps 2025 GDP at 0.2%; Fintech Investing Rises

This week in finance news: While Citi maintains its modest 2025 GDP forecast at 0.2%, more Mexican users are turning to fintechs to begin investing. Remittances continue to support financial inclusion for women, while BBVA’s bid for Sabadell faces delays amid regulatory and shareholder hurdles.

Check out more in this week’s finance roundup!

Mexico 2025 GDP Forecast Holds at 0.2% in Citi Survey

Citi’s survey regarding Mexico’s economy for 2025 remains unchanged at 0.2%, according to the 37 financial institutions. The figure matches the previous estimate from July 7 and marks a downward revision from the 1% growth projected at the start of the year.

Financial Markets’ Reliance on AI Could Lead to Global Crisis

The increasing reliance of financial markets on a small number of general-purpose AI models is creating unprecedented systemic risk, potentially leading to a financial crisis, warns the US Securities and Exchange Commission (SEC). 

BBVA Delays Sabadell Bid to September After Key Meetings

BBVA said Monday that it now expects the acceptance period for its takeover bid of Spanish Banco Sabadell to begin in early September instead of late July as originally planned. The revised timeline will allow BBVA to include updated information in its public offer prospectus, including the outcomes of Sabadell’s extraordinary general meetings scheduled for Aug. 6.

Remittances Help Women in Mexico Stay Current on Loans

Remittances are increasingly improving access to credit and lowering default rates in Mexico, especially for low-income households, according to a new research paper from Mexico’s Central Bank (Banxico).

Retail Investing Grows in Mexico Amid Fintech Rate War

Retail investing is gaining momentum in Mexico, as fintech platforms, high-yield digital accounts, and broader access to financial advice reshape how people manage their money. A “rate war” sparked by Sofipos and neobanks has attracted millions of new users.