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A man exits a Citibanamex bank branch in Mexico City, Mexico January 13, 2022.

Mexico's Banorte Eyes Banamex, Shares Surge

Mexico's Banorte said on Friday that "non-disclosure agreements" had been signed as a preliminary step toward a possible bid for Citigroup's Citibanamex subsidiary even as the Mexican lender targets organic growth with the planned launch of a digital bank.
Signage is seen at a Verizon store in Manhattan, New York City, U.S., November 22, 2021.

Verizon Forecasts Downbeat Full-year Profit; Shares Fall

Verizon Communications Inc on Friday tempered its full-year forecasts for profit and wireless service revenue as its spends heavily on upgrading its network, while rising inflation stops customers from opting for newer or pricier plans.

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