Puerto Vallarta News

Puerto Vallarta News

CITIGROUP STANDS TO WIN FROM MEXICO TRADE DEAL / BARRONS MAGAZINE

CITIGROUP STANDS TO WIN FROM MEXICO TRADE DEAL / BARRONS MAGAZINE

Citigroup Stands to Win From Mexico Trade Deal Investors have seen Citigroup’s international exposure as a negative this year. Photo: Callaghan O’Hare Citigroup (ticker: C), owner of the second-largest bank in Mexico, stands to gain from the U.S.-Mexico trade accord that President Donald Trump announced Monday. The stock closed up $1.72, or 2.4%, at $72.39, leading a strong banking sector. The group was up about 1%, as measured by the KBW index of 24 bank stocks. Wells Fargo Securities analyst Mike Mayo wrote in a client note . . .

Related Posts

Playa del Carmen rentals

Playa del Carmen rentals under tighter safety checks

Playa del Carmen rentals face mandatory gas inspections, occupancy limits and safety checks as a...
Mexico economic growth

Mexico economic growth stalls while prices and rates bite

IMEF president Gabriela Gutiérrez says Mexico economic growth is now almost negative, stoking concern about...
Los Cabos gas pipeline

Los Cabos gas pipeline shrouded in risky secrecy now

As the Los Cabos gas pipeline seeks approval, officials keep route maps and risk data...
Cancun supermarket fire

Shoppers flee during Cancun supermarket fire scare

Shoppers and staff were evacuated in the Cancun supermarket fire on Kabah Avenue after smoke...