ECB rate rise benefits European banks; Citibanamex sale will change Mexico’s banking landscape

Fabio Iannò explains why European banks will benefit from the ECB's recent increase in key interest rates, and Felipe Carvallo discusses how the sale of certain Citibanamex business operations will alter Mexico’s banking sector.  Guests: Felipe Carvallo, Vice President – Senior Credit Officer, Moody’s Investors Service, and Fabio Iannò, Vice President – Senior Credit Officer, Moody’s Investors ServiceHosts: Danielle Reed, Vice President – Senior Research Writer, Moody’s Investors Service and Myles Neligan, Vice President – Senior Research Writer, Moody’s Investors ServiceRelated content on Moodys.com (some content only available to registered users or subscribers):Banorte and Banco Santander México: Citibanamex acquisition would boost margins; combination's efficiency and loss-absorption will be key credit protectionsBanking – Europe: ECB action on rates, sovereign spreads will support southern European banks