Loading...

Loading...

World Cup Misses Mexico Growth Targets by US$191 Million
By Fernando Mares - Fri, 08/21/2026 - 11:46
The 2026 World Cup added just 0.12% to Mexico's GDP, missing forecasts by US$191 million. This is the week in policy and economy!
https://mexicobusiness.news/tag/citigroup
More Finance & Fintech
Major Banks Pay Antitrust Settlement; S&P Projects Credit Growth
By Duncan Randall - Thu, 08/20/2026 - 17:38
This week in finance: Major banks pay US$86 million settlement over rigging Mexican government bonds as S&P projects 6-8% credit growth in 2026.
Major Banks Settle US$86 Million Mexican Bond Antitrust Lawsuit
By Duncan Randall - Mon, 08/17/2026 - 10:13
Bank of America and major peers settled a US$86.4 million lawsuit over Mexican bond rigging, bringing total payouts in the case to US$107.1 million.
Mexican Stock Exchange Prepares Four Confidential IPOs
By Duncan Randall - Wed, 07/22/2026 - 14:09
The Mexican Stock Exchange is preparing four confidential IPOs and a MX$50 billion debt pipeline
Mexico World Cup Spending Has Limited Impact on Inflation
By Duncan Randall - Thu, 07/16/2026 - 10:31
The impact of the 2026 FIFA World Cup on Mexico's consumer prices remained more limited than projected, avoiding an inflationary spike, says GBM.
Citi Finalizes Banamex Separation Timeline for 2027
By Duncan Randall - Wed, 07/15/2026 - 10:49
Citigroup sets a definitive early 2027 timeline for its Banamex separation, pausing further share sales to prepare for its local market IPO.
BBVA Cuts Mexico 2026 GDP Forecast to 1.2%
By Duncan Randall - Wed, 06/24/2026 - 10:29
BBVA revised Mexico’s 2026 GDP growth down to 1.2%, citing weaker private spending and investment.
Sheinbaum Meets JPMorgan’s Dimon on Investment Outlook
By Duncan Randall - Wed, 06/10/2026 - 12:56
Mexico’s President Claudia Sheinbaum met JPMorgan CEO Jamie Dimon to discuss the country’s economy and bilateral investment opportunities.
FinCEN Fallout Moves MX$3.2 Trillion as SMEs Face PUI Gaps
By Duncan Randall - Thu, 05/07/2026 - 11:19
An estimated MX$3.2 trillion in trusts moved after FinCEN sanctions on banks, while 80% of SMEs face PUI non-compliance in Mexico.
Citigroup Advances Mexico Exit with US$2.5 Billion Banamex Sale
By Duncan Randall - Tue, 05/05/2026 - 15:39
Citigroup sells 22.6% stake in Banamex for US$2.5 billion, advancing its Mexico exit strategy.
Mexico Taps Markets; Banamex IPO Gains Interest
By Mariana Allende - Fri, 02/27/2026 - 14:52
This week in finance: Mexico taps bond markets, Banamex draws IPO interest, regulators block payments deal.