Financial Times FT.com

Banamex dilemma for Citigroup

By Adam Thomson

Published: October 20 2009 03:00 | Last updated: October 20 2009 03:00

When Washington bailed out Citigroup and other US financial institutions last year, it eventually put the bank's Mexican subsidiary at the centre of a political storm south of the border.

At the time, rumours were whirling that Citigroup wanted to sell Banamex, one of the stars in its fading galaxy.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this