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By MBN Staff - Fri, 01/16/2026 - 09:16
The surge in oil exports follows a dramatic geopolitical shift in Venezuela. In early January 2026, US forces captured Nicolás Maduro.
https://mexicobusiness.news/tag/citigroup
More Oil & Gas
By Perla Velasco - Mon, 01/12/2026 - 13:21
US Supreme Court declined to hear Citigroup’s appeal in a lawsuit accusing the bank of facilitating over US$1 billion in losses tied to Oceanografia.
By Mariana Allende - Thu, 12/18/2025 - 13:23
Latin America deal volume slowed but values rose as BBVA advanced AI plans, Citi sold a Banamex stake, and Mexico revoked Vector-linked licenses.
By Mariana Allende - Tue, 12/16/2025 - 12:54
Citigroup completed the sale of a 25% stake in Banamex to investor Fernando Chico Pardo, closing the deal Dec. 15 after regulatory approval.
By Teresa De Alba - Thu, 10/30/2025 - 18:06
BYD posts 33% profit drop in 3Q25 amid rising domestic competition and regulatory scrutiny, while Geely and Changan see strong sales gains
By MBN Staff - Thu, 10/30/2025 - 11:53
Fernando Chico Pardo resigns from BBVA Mexico board ahead of acquiring a Banamex stake; set to become Banamex board president in 2H26.
By Mariana Allende - Thu, 10/16/2025 - 10:00
Global finance leaders tackle trade risks as Mexico combats digital ID fraud; Citigroup profits rise amid CIBanco’s liquidation and BBVA takeover bid
By MBN Staff - Tue, 10/14/2025 - 11:16
Citigroup’s 3Q25 net income rose 16% to US$3.8 billion despite a US$726 million loss from selling a 25% stake in Banamex.
By Paloma Duran - Thu, 10/09/2025 - 11:50
The company plans to keep 60% of the investment and open 40% to private investors and pension funds.
By Mariana Allende - Thu, 10/09/2025 - 10:00
Mexico’s economy gains momentum as Banxico raises growth forecast, fintech partnerships expand, and digital payments rise ahead of 2026 World Cup.
