“Mexico has many funding potentialities,” Citigroup tells Sheinbaum

Mexico Metropolis. Jane Fraser, director of Citigroup internationally, held a gathering with Claudia Sheinbaum, digital president-elect of Mexico, to whom she informed that the nation now has “many funding potentialities,” on a day wherein she additionally held a gathering with Rogelio Ramírez de la O, head of the Ministry of Finance and Public Credit score (SHCP).

After the assembly, Sheinbaum informed the media that the director of the American consortium highlighted to him that “Mexico now has many funding potentialities and we talked about there being no drawback with judicial reform.”

When requested if Fraser expressed concern concerning the reform of the judiciary, the digital president mentioned “the opposite means round. Fairly, she mentioned that it was essential to disseminate what was required, what was being proposed and whether or not that had any affect on investments. We defined to her that she doesn’t have any, that it’s an inner matter and that the regulation should be complied with anyway… She sees the nation very nicely.”

In response to Sheinbaum, the assembly was productive and he thought-about that Fraser “is a really clever lady. The reality is that ladies, I consider, know probably the most concerning the state of affairs, not solely monetary but in addition world politics, and the dialog could be very attention-grabbing and really a lot wanting ahead to Mexico.”

I met with Jane Fraser, CEO of Citigroup. A really clever lady with recognition for our nation. I used to be more than happy to speak along with her concerning the present state of affairs in Mexico and our promising future. pic.twitter.com/F22g30bVA3

— Dra. Claudia Sheinbaum (@Claudiashein) June 20, 2024

Fraser and the digital president-elect addressed the state of affairs of Citibanamex, an establishment that’s within the technique of being offered, and likewise concerning the new authorities’s tasks.

Requested if the director of Fraser gave her particulars concerning the sale of Banamex, Sheinbaum identified that this problem “we’re going to discuss in a subsequent assembly, after I enter the federal government… We talked concerning the significance of Mexico and as we see it, it was a really productive assembly.”

Individually, Citi reported that Fraser congratulated Sheinbaum for his “historic victory” within the elections on June 2 and “celebrated that this happened in a democratic atmosphere, expressing his pleasure that Mexico can have a feminine president for the primary time.” .

He maintained that Jane Fraser confirmed to the incoming authorities the establishment’s dedication to Mexico they usually exchanged concepts concerning the alternatives that the nation presents within the coming years and the consortium’s help “for the sustainable financial tasks with shared well-being that the president-elect has proposed. and that each leaders share.”

On the identical time, the banker careworn that for the second half of this 12 months, the separation of Citi and Banamex will happen, with which the American consortium will likely be left with the high-value accounts, and the Mexican half, which is within the gross sales course of, with retail banking.

Relating to the assembly that Fraser had with Ramírez de la O, wherein Manuel Romo, normal director of Citibanamex, and Ernesto Torres Cantú, director of Citi Worldwide, had been additionally current, no particulars got.