FT: Citigroup Could Be Forced To Sell Mexican Subsidiary Banamex - Update

FT: Citigroup Could Be Forced To Sell Mexican Subsidiary Banamex - Update

  • Posted Monday, October 19, 2009 -
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Citigroup Inc. (C) could be forced to sell its highly profitable and lucrative Mexican subsidiary, Banco Nacional de Mexico, or Banamex, as Mexico's Supreme Court is set to probe a case against the troubled U.S. bank, the Financial Times reported Sunday.view original article

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