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Venezuela Shakes the Sector: The Week in Oil and Gas
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 Finance & Fintech
Grupo México Submits Binding Bid to Acquire Banamex, Shares Fall
By MBN Staff - Mon, 10/06/2025 - 15:38
Grupo México renews bid to buy all of Banamex, submitting a binding offer; shares drop 17% as investors react to the potential acquisition
Chico Pardo Family Holds 25% of Banamex: Finance Week
By Mariana Allende - Thu, 10/02/2025 - 11:07
Citigroup confirms the Chico Pardo family’s 25% Banamex stake, as Moody’s warns on debt risks and Banxico cut rates again.
Net-Zero Banking Alliance Suspends Activities
By MBN Staff - Thu, 09/04/2025 - 22:38
The Net-Zero Banking Alliance has suspended its operations following a series of high-profile withdrawals from major banks.
Barclays Leaves Net Zero Alliance, Citing Weakened Impact
By MBN Staff - Tue, 08/05/2025 - 17:07
Barclays exits Net Zero Banking Alliance, citing member departures that weakened the group’s ability to support its green transition goals.
Mexico’s 2025 GDP Growth Forecast at 0.1% Amid Weak Demand
By Mariana Allende - Wed, 05/21/2025 - 13:15
Mexico’s GDP growth in 2025 is forecasted at 0.1%, with Q2 and Q3 contractions due to weak demand, global uncertainty, and low investment.
JPMorgan to End Hybrid Work, Mandates Full-Time Office Return
By MBN Staff - Mon, 01/13/2025 - 09:48
JPMorgan plans to require 300,000 employees back in the office full-time, following a broader trend among Wall Street firms to end remote work.

Copper, Silver Futures Surge Amid Tariff Fears
By Paloma Duran - Fri, 01/10/2025 - 15:36
Copper and silver futures have risen ahead of Trump’s return. Experts also foresee challenges for aluminum and steel markets.
Trump’s Proposed Tariffs to Hit Aluminum and Steel the Hardest
By Paloma Duran - Fri, 11/29/2024 - 08:51
Trump’s proposed 25% tariffs on all imports from Canada and Mexico are expected to significantly impact the US supply chain.

Citigroup Reiterates Zero-Tolerance Policy on Fraud and Ethics
By MBN Staff - Mon, 10/07/2024 - 12:09
Citigroup's memo reaffirms its zero-tolerance fraud policy, urges stricter contractor oversight, and encourages reporting misconduct.