Express News | Citigroup - Effective Dec 1, Citi to Operate Two Separate Financial Groups in Mexico: Grupo Financiero Citi México & Grupo Financiero Banamex
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The interbank certificates of deposit are "crazy," and expectations for further easing of monetary policy have increased.
① The rates of interbank certificates of deposit for various maturities have significantly decreased, with some maturities dropping by 20 basis points, marking the largest single-day decline in recent years. ② The central bank governor, pan gongsheng, stated that next year, a supportive mmf policy stance will be maintained, with increased counter-cyclical adjustment efforts. ③ The one-year interbank certificate of deposit may indicate signs of an easing mmf policy.
Market Chatter: Citigroup Completes Split of Institutional and Consumer Businesses in Mexico
Street Color: Citigroup Completes Separation of International Banking Business From Consumer Unit in Mexico, Bloomberg Reports
Citigroup Is Maintained at Buy by B of A Securities