Citi invites second round of bids for Mexican retail arm by October-end
Citigroup is inviting second bids that could be the final round of bids for its Mexican retail business Citibanamex, by October…
South & Central America
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South & Central America
FC Barcelona, Scotiabank extend partnership till June 2026
Spanish football club FC Barcelona and Scotiabank have renewed their partnership agreement enabling the Canadian bank to serve as the…
Bradesco makes retail banking move in Mexico with Ictineo Plataforma deal
Banco Bradesco, a private sector bank operating in Brazil, is looking to expand its digital banking business in Mexico. As…
Covalto signs merger deal with SPAC for US listing
Mexican fintech Covalto has signed a merger agreement with LIV Capital Acquisition Corp. II (LIVB), which will result in Covalto becoming a…
North International Bank taps Temenos for digital transformation
North International Bank (NIBank) has selected banking tech company Temenos to enhance the digital capabilities of its retail banking and private wealth…
Mexican fintech company Clara secures $150m debt facility from Goldman Sachs
Mexican fintech platform Clara, which lending and expense management solutions to corporations, has secured a $150m debt financing from Goldman…
Citi’s Mexican retail arm could attract bids worth $8bn
Banamex, the Mexican arm of US banking group Citigroup, could attract offers of up to $8bn, Bloomberg reported citing sources. Grupo Financiero Banorte, Grupo…
Santander hires investment banks to bid for Citi’s Mexican retail business
Spanish banking group Santander has hired two investment banks as it looks to bid for the Mexican retail banking arm…