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Citigroup. (Company News). (accepts checking accounts from Mexicans working in US).


Grupo Financiero Banamex Grupo Financiero Banamex has its origins and is the owner of Banco Nacional de México or Banamex, Mexico's second largest bank behind BBVA Bancomer. The Banamex Financial Group was purchased by Citigroup in August 2001 for $12.5 billion USD. , owned by Citigroup, announced that Mexicans working in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  will now be able to deposit money in Citibank accounts and allow family members in Mexico to withdraw it. Forbes magazine named Telefonos de Mexico (Telmex) the best telecommunications company See telecom company.  in the world for 2001, based on the company's financial outlook Telmex's current goal is to "maintain the strategy of growth and connectivity that Mexico requires," said CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Jaime Chico Pardo.
COPYRIGHT 2002 American Chamber of Commerce of Mexico A.C.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Author:Randewich, Noel
Publication:Business Mexico
Article Type:Brief Article
Geographic Code:1USA
Date:Jun 1, 2002
Words:75
Previous Article:BBVA Bancomer. (Company News). (replaces board of director members).(Brief Article)
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