格隆汇9月25日｜花旗集团表示，已同意将其墨西哥零售银行部门Banamex的25%股份，以23亿美元出 售给当地商人Fernando Chico Pardo。该交易预计将于明年下半年完成，届时Pardo将出任墨西哥 Banamex的董事长。 来源：格隆汇APP ...

Jeoffrey Guillemard/Bloomberg Citigroup Inc. agreed to sell a 25% stake in its Mexican retail banking unit Banamex to local businessman Fernando Chico Pardo as part of a plan to list the asset publicly.Chico Pardo — via a company owned by the executive and his family — will acquire the stake for about $2.3 billion, Citigroup said in a statement. When the deal closes, as expected in the second half of next year, Chico Pardo will become chair of Grupo Financiero Banamex, according to the statement. New Yor ...

Trade Policy Developments - The U.S. administration has initiated investigations under Section 232 of the Trade Expansion Act, targeting imports of robotics, industrial machinery, and medical devices, which could lead to new tariffs ranging from 10% to 25% [3][6] - Companies like Intuitive Surgical (ISRG) have acknowledged these tariffs as a "material risk" to their 2025 earnings, potentially impacting healthcare costs and global supply chains [3][6] Monetary Policy Insights - Federal Reserve Bank of San Francisco President Mary Daly indicated that the U.S. economy still requires monetary support, with inflation moderate at around 2.4-2.5% excluding tariffs, while cautioning against further rate cuts [4][6] Housing Market Trends - KB Home (KBH) has revised its full-year 2025 revenue forecast downward to between $6.30 billion and $6.50 billion, citing a weaker-than-expected spring selling season and declining consumer confidence [5][6] Banking Sector Movements - Citigroup (C) has agreed to sell a 25% equity stake in its Mexican retail banking unit, Banamex, to local businessman Fernando Chico Pardo, marking progress in its divestiture strategy [7][6] Geopolitical Commentary - Brazilian President Luiz Inácio Lula da Silva emphasized the need for global cooperation and condemned the situation in Gaza, while also praising China's energy transition efforts [8][6]

Citigroup agreed to sell a 25% stake in its Mexican retail banking unit Banamex to local businessman Fernando Chico Pardo as part of a plan to list the asset publicly https://t.co/H9mjVin3zP ...

By Tatiana Bautzer NEW YORK (Reuters) -Citigroup has agreed to sell a 25% stake in Grupo Financiero Banamex to a company owned by Mexican billionaire Fernando Chico Pardo and his family, marking a step toward Citi's plan to take the unit public. The sale, worth 42 billion Mexican pesos ($2.28 billion), is expected to close in the second half of 2026, the bank said in a filing. The deal values Banamex at $9.12 billion at the current foreign exchange rate. Citigroup bought Banamex in a $12.5 billion deal ...

Citigroup said on Wednesday it has agreed to sell an equity stake in Grupo Financiero Banamex to a company owned by Fernando Chico Pardo and his immediate family, marking a step toward the firm's plan... ...

Core Viewpoint - Disney is facing challenges due to the suspension of Kimmel, subscriber cancellations, and is increasing subscription prices for Disney Plus and Hulu starting October 21st [1][14]. Group 1: Impact of Kimmel Suspension - The Kimmel show has approximately 1.5 million viewers per night, but its suspension is not expected to have a significant financial impact on Disney [2][3]. - Concerns from investors revolve around the potential collateral damage of Disney becoming a political issue, but historical context suggests minimal impact on financials from similar past events [4][5]. - The situation presents a complex dynamic where Disney aims to maintain relationships with both the creative community and political entities [6]. Group 2: Streaming Business and Pricing Strategy - Disney's streaming services, particularly Disney Plus and Hulu, are positioned in the middle of the market in terms of usage and cost per viewed minute compared to competitors like Netflix [15][16]. - The price hike is seen as a tactical move to improve margins and provide financial resources to enhance content offerings, which is crucial for reducing churn and increasing engagement [17][16]. - The current content strategy may not be sufficient to retain subscribers long-term, as Disney has marquee content but lacks depth compared to competitors [16][17].

Group 1 - Citi Issuer Services, through Citibank, N.A., has been appointed as the depositary bank for BRBI BR Partners S.A.'s sponsored Level 2 American Depositary Receipt (ADR) program [1] - BRBI is an independent investment bank in Brazil that specializes in financial advisory services for mergers and acquisitions, capital markets, structured and investment products, private equity, financial restructurings, and wealth management [1]

Group 1 - Citigroup's holdings in Ganfeng Lithium's H-shares decreased from 5.62% to 5.09% as of September 18 [1]

港交所消息：9月18日，花旗集团持有的 赣锋 锂 业 H股淡仓比例从3.15%降至2.66%。 ...