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Banamex is becoming a fully Mexican bank. For the millions of customers it serves, including expats and foreign residents who have relied on its Citigroup connection for years, that transition just moved significantly closer to completion. Citigroup confirmed Wednesday that it has closed the sale of 22.6% of Grupo Financiero Banamex to a group of institutional investors and … [Read more...] about Citigroup Sells Another Chunk of Banamex — What It Means for Your Account

Día del Niño, or Children's Day, is an annual celebration in Mexico held every April 30 dedicated to honoring children, recognizing their rights, and promoting their well-being. Unlike holidays centered around religious or historical events, el Día del Niño focuses purely on childhood joy, play, and making children feel valued.  The day serves as a reminder that children … [Read more...] about Mexico Celebrates its 100th Día del Niño

The governor of Mexico's Sinaloa state is facing U.S. federal drug charges, marking one of the most significant corruption cases to reach a sitting Mexican official in years. Rubén Rocha Moya, who has served as Sinaloa's governor since November 2021, was among 10 current and former Mexican officials charged Wednesday in a U.S. indictment unsealed in Manhattan federal court. … [Read more...] about U.S. Charges Sinaloa Governor With Drug Trafficking in Cartel Case

Spring in Mexico brings reliable sunshine, dry skies, and, increasingly, dangerous heat. This week, Mexico City's civil protection agency issued a formal advisory warning residents of a heat wave running through Thursday — with daytime highs projected between 29 and 32 degrees Celsius (84 to 90 Fahrenheit) across the capital, along with strong wind gusts and elevated UV … [Read more...] about Mexico’s Spring Heat Wave: What to Expect — and How to Stay Cool