It might just be total speculation, but persistent rumours that Citigroup wants to dump Banamex, the former star unit that landed it in a sticky fraud last year, seem to have increased a notch.
The latest log on the fire comes from Darío Celis, a columnist at newspaper Excelsior. Nothing has been confirmed by anyone yet, but it’s tempting to linger over his article for a moment.
He reckons five groups are interested in Banamex, Mexico’s second biggest bank – including two prominent – and now out-work, or soon to be so – senior Mexican bankers.
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