CIBanco loses operating license in Mexico amid U.S. money laundering concerns

Investing.comFriday, October 10, 2025 at 7:24:43 PM
CIBanco loses operating license in Mexico amid U.S. money laundering concerns
CIBanco has lost its operating license in Mexico due to serious concerns over money laundering activities linked to its operations in the U.S. This development is significant as it raises questions about the bank's compliance with financial regulations and could impact its customers and stakeholders. The loss of the license not only affects the bank's ability to operate but also highlights the ongoing scrutiny of financial institutions in relation to anti-money laundering efforts.
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