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Thursday, January 20, 2022
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Citigroup to sell off Banamex, owner of historic Casa de Montejo 

Multinational investment bank Citigroup has announced that it will sell off Banamex.

Banks implored to break up Mexico’s credit card ‘near-monopoly’

The two firms handling Mexico's debit or credit cards transactions represent a near-monopoly, regulators said Wednesday. They recommended...

Sucilá gets its 1st bank, an economic ‘trigger’ for the area

A new financial resource is coming to tiny Sucila, Yucatan. Photo: Facebook Yucatan's first Banco del Bienestar opens...

Santander bank cards falsely marked ‘stolen’ after system update goes awry

Santander has offices on the Paseo de Montejo in Merida. Photo: File Santander customers are reporting the debit...

Mexico ponders how to get banks to ease up on high...

International banks in Mexico typically earn about one-third of local revenue from fees and commissions, according to Condusef,

Citibanamex, Banorte apparently under hacker attacks

Two large banks are apparently fighting off hackers, slowing bank transactions at both institutions.

Banking services for FACTA-weary expats

An organization that lobbies on behalf of U.S. expats has teamed up with the State Department Federal Credit Union to offer banking services to get around onerous FACTA requirements.