Santander No Longer In Citibanamex Sale Process, Spanish Bank Says
MADRID (Reuters) -Spain’s Santander said on Friday it was out of the process to buy Citigroup’s Mexican retail bank. After submitting a non-binding offer to buy assets of Citibanamex, Santander “has been informed it will not be continuing in the next stages of the process,” the Spanish bank said in a statement. Santander Executive Chairman…