Banks

If You Suspect You Did Something Wrong At Citi Mexico, You Might Want To Run For The Border Right About Now

The Mexicans aren’t telling the bank or the press who they’d like to slap some cuffs on, but if you’re among those who Mike Corbat reluctantly had to fire, get to an airport and quick.

Attorney General Jesús Murillo Karam of Mexico confirmed on Friday that the authorities were seeking the former executives. He declined to say how many were involved.

“Yes, there are warrants, but I won’t say who,” Mr. Murillo Karam told reporters….

Citigroup is aware of the warrants, but Mexican authorities have not told the bank who is named, said someone briefed on the matter who was not authorized to speak on the record.

Mexican Authorizes Arrests in Fraud at Citigroup Unit [DealBook]

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2 Responses to “If You Suspect You Did Something Wrong At Citi Mexico, You Might Want To Run For The Border Right About Now”

  1. Guest says:

    I bet top on the list is Keyser Söze.

  2. Guest says:

    By this time tomorrow, I'll have a suitcase full of pesos and be on a beach on the Jersey Shore, sipping on Red Bull and vodkas, with not a care in the world….

    Citi Contrarian Quant

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