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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
https://mexicobusiness.news/tag/fernando-chico-pardo
More Finance & Fintech
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.
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.
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.
By Mariana Allende - Tue, 02/24/2026 - 13:34
Citi agrees to sell 24% stake in Banamex for US$2.5 billion ahead of IPO, advancing Mexico retail exit.
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.
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 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 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 - 08:34
Citi rejects Grupo México’s offer, moving forward with a 25% stake sale to Fernando Chico Pardo and an IPO for the remaining shares
