Citi abandons the proposed sale of Banamex and plans to go public in 2025
Following difficulties with the sale from Mexico's president, Citigroup Inc. (C) decided to discontinue discussions for a potential $7 billion...
Banks
Mexican bank Banorte to create 800 new jobs in Mexico due to nearshoring boom in the country
Grupo Financiero Banorte The president of Grupo Financiero Banorte, Carlos Hank González, has assured that the entity will create 800...
Credit Suisse is being purchased by UBS
UBS, Switzerland's largest bank, has agreed to purchase its ailing rival Credit Suisse in an emergency rescue deal aimed at...
Silicon Valley Bank: Why did the American bank fail?
Silicon Valley Bank Since the financial crisis of 2008, Silicon Valley Bank has been the largest bank to fail in...
The digital bank from Banorte is competitive with global fintechs: Carlos Hank González
Carlos Hank González Carlos Hank González is certain that Grupo Financiero Banorte will greatly benefit from the license recently issued...
Carlos Hank Gonzalez, the challenge of making Banorte sustainable
Carlos Hank Gonzalez Chairman of Grupo Financiero Banorte, Vice-Chairman of GRUMA and Chief Executive Officer of Grupo Hermes According to...
For the seventh year in a row, Banorte has been named to Bloomberg’s Gender-Equality Index.
Banorte Banorte has been named to the Bloomberg Gender-Equality Index (GEI) for the second time. The GEI recognizes companies' gender-related...
The president AMLO announced a meeting with Citigroup CEO Jane Fraser; they will discuss the sale of Banamex.
Citibanamex It has been established that President Andrés Manuel López Obrador will meet with Jane Fraser, CEO of Citigroup, and...
Wells Fargo, Bank of America and JPMorgan are reportedly collaborating on a digital wallet to compete with Apple Pay.
As reported by The Wall Street Journal, the digital wallet would be run by Early Warning Services, a joint venture...
GFNORTE profits increase 30 percent with healthy financial structure
Banorte Grupo Financiero Banorte (GFNorte) reported at the end of 2022, a 30 percent annual growth in its net income...
