Mexico president urges Mexican traders to bid for Citi belongings By Reuters


© Reuters. Mexican President Andres Manuel Lopez Obrador speaks throughout a information convention on the Nationwide Palace in Mexico Metropolis, Mexico January 10, 2022. Mexico’s Presidency/Handout through REUTERS ATTENTION EDITORS – THIS IMAGE WAS PROVIDED BY A THIRD PARTY. NO RESALES.

MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador mentioned on Thursday he would welcome Mexican traders bidding within the sale of U.S. financial institution Citigroup (NYSE:)’s shopper banking operations in Mexico, noting it could possibly be constructive for the nation to “mexicanize” the belongings.

Talking in a video tackle, Lopez Obrador declared he was happy that Mexican tycoon Ricardo Salinas had proven curiosity within the belongings, and mentioned different main businessmen, together with billionaire Carlos Slim, may be bidders.

Disclaimer: Fusion Media wish to remind you that the info contained on this web site will not be essentially real-time nor correct. All CFDs (shares, indexes, futures) and Foreign exchange costs usually are not supplied by exchanges however reasonably by market makers, and so costs might not be correct and will differ from the precise market worth, that means costs are indicative and never applicable for buying and selling functions. Due to this fact Fusion Media doesn`t bear any accountability for any buying and selling losses you may incur because of utilizing this information.

Fusion Media or anybody concerned with Fusion Media won’t settle for any legal responsibility for loss or injury because of reliance on the data together with information, quotes, charts and purchase/promote alerts contained inside this web site. Please be absolutely knowledgeable concerning the dangers and prices related to buying and selling the monetary markets, it is among the riskiest funding types doable.

Leave a Reply

Your email address will not be published. Required fields are marked *