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Tech Industry Faces Unprecedented Layoffs Amid Record Profits
By Diego Valverde - Wed, 02/14/2024 - 15:12
The technology industry is facing a wave of massive layoffs despite record profits in 2023.
https://mexicobusiness.news/tag/citigroup
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2024 Unveils Ongoing Layoffs Across Industries
By MBN Staff - Tue, 02/13/2024 - 13:25
2024 brings a wave of layoffs across industries, signaling ongoing restructuring efforts amid economic concerns and high interest rates.

CitiBanamex Advances in Separation, Appoints New Directors
By MBN Staff - Wed, 02/07/2024 - 09:35
Citigroup is moving forward with the separation of its Mexican subsidiary, Banamex, appointing two directors to lead the transition process.
PEMEX Receives Fiscal Relief of MX$200 Billion
By Karin Dilge - Wed, 01/31/2024 - 04:40
The Ministry of Finance has proposed two support mechanisms for PEMEX, totaling MX$200 billion, to support the NOC with its debt commitments.
Mexico Places New Sustainable Bonds
By Paloma Duran - Tue, 01/30/2024 - 13:46
Through the latest bond issue, the government expects Mexican companies to use more green and social bonds.

Mexico Issues Sustainability Bonds
By Perla Velasco - Fri, 01/19/2024 - 11:57
The Deputy Minister of Finance announced that Mexico carried out the “largest-ever” placement of sustainable bonds in euros for €2 billion.
Grupo Carso / China and South Korea
By Karin Dilge - Fri, 05/26/2023 - 10:40
AMLO celebrates Grupo Carso's participation in the oil and gas industry. An agreement with China and South Korea to stop fentanyl is in the works.
Mexico's Fiery Financial Landscape
By Sofía Hanna - Thu, 05/25/2023 - 17:21
Catch up with the week’s most important finance news. Do not miss your weekly Finance Roundup!

Citi Reports 25 Percent Net Reduction in Income
By Emilio Aristegui - Mon, 10/17/2022 - 16:56
Citi’s 3Q22 report points to a major gain on the sale of its Philippines consumer business but an overall contraction in income.
ILO Forecasts Unemployment; Citigroup’s Exit: The Week in Review
By Emilio Aristegui - Thu, 01/20/2022 - 16:12
The international Labor Organization (ILO) projects a troubled 2022 in terms of employment.