Mexico’s Banorte plans to hire up to 1,200 people to tap into nearshoring
By Marion Giraldo MEXICO CITY (Reuters) – Mexican bank Banorte plans to hire between 1,000 and 1,200 more employees to handle operations related to nearshoring, amid an expected boom in activity from…
Mexico’s Banorte drops out of bidding for Citi’s Banamex retail arm
By Valentine Hilaire MEXICO CITY (Reuters) -Mexico’s Grupo Financiero Banorte said on Friday it had pulled out of the bidding process for Citigroup’s local retail arm Banamex, leaving just a handful of…
Mexico’s Banorte eyes Banamex, shares surge
By Kylie Madry MEXICO CITY -Mexico’s Banorte said on Friday that “non-disclosure agreements” had been signed as a preliminary step toward a possible bid for Citigroup’s Citibanamex subsidiary even as the Mexican…
Mexico banking institution Banorte in talks with Citibanamex- Banorte CEO
(Reuters) – Mexican banking institution Banorte is in talks with Citigroup Inc’s Mexican consumer banking business Citibanamex for the sale of its assets, Banorte chief executive Marcos Ramirez Miguel said Thursday. Ramirez…
Banorte wants to lead Mexicans to ‘recover’ Citi unit, if sale conditions are favorable
MEXICO CITY – Mexican banking institution Banorte will invite Mexicans to “recover” Citigroup’s retail unit in the country, which is set to go up for sale in coming months, if Banorte decides…
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