Citigroup fires 11 in fraud probe of Banamex unit
NEW YORK/MEXICO CITY (Reuters) - Citigroup Inc has fired four senior executives and seven other employees, saying they failed to do enough to protect the bank from loan fraud at...
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Troubled past haunts Mexico oil company at center of Citi scandal
NEW YORK/MEXICO CITY (Reuters) - The company at the center of an alleged fraud that forced Citigroup Inc to cut its 2013 profit won billions of dollars in contracts from...
Troubled past haunts Mexico oil company at center of Citi scandal
NEW YORK/MEXICO CITY (Reuters) - The company at the center of an alleged fraud that forced Citigroup Inc to cut its 2013 profit won billions of dollars in contracts from...
How Citigroup stumbled in the Mexican housing market
ZUMPANGO, Mexico/NEW YORK - (Reuters) - Just outside the town of Zumpango, about an hour from Mexico City, packs of stray dogs sniff around abandoned homes in a half-empty neighborhood....
Mexico media tycoon clash heats up, Slim attacked for Dish deal
MEXICO CITY (Reuters) - Mexican tycoon Carlos Slim is facing renewed accusations from rivals that he has skirted the law in a tie-up with pay-television provider Dish Mexico as a...
Mexico media tycoon clash heats up, Slim attacked for Dish deal
MEXICO CITY (Reuters) - Mexican tycoon Carlos Slim is facing renewed accusations from rivals that he has skirted the law in a tie-up with pay-television provider Dish Mexico as a...
Mexico takes steps to weaken Slim’s hold on telecoms
MEXICO CITY (Reuters) - Mexico's telecoms regulator has taken the first steps to weaken Carlos Slim's hold on the phone market, setting out plans to make the billionaire' s fixed-line...
America Movil third-quarter profit nearly halves
MEXICO CITY (Reuters) - Latin America's biggest phone company, America Movil, on Thursday reported a quarterly profit that fell by almost half, missing analysts' expectations, as customers made fewer phone...
Mexican dairy company Lala plans expansion, investment
MEXICO CITY (Reuters) - Mexican dairy company Lala, which on Tuesday raised over $1 billion in an initial public offering, plans to expand outside of Mexico and Central America and...
Brazil’s Odebrecht bets on Mexico, eyes oil reform
MEXICO CITY (Reuters) - Brazilian conglomerate Odebrecht has an $8.1 billion investment plan to expand in Mexico's petrochemical and infrastructure sectors, the chief executive of its Mexican business said on...