Americas
US Official Meets With Mexico Bankers on Cartel Financing Risks
Agents during an investigation into an alleged cartel killing site in Teuchitlán, Jalisco, Mexico, in 2024.
Photographer: Anadolu/Getty ImagesThis article is for subscribers only.
A US Treasury Department official made an unannounced visit to Mexico’s annual banking convention to discuss stepping up efforts to combat organized-crime finances.
Scott Rembrandt, deputy assistant secretary for strategic policy, met with top bankers to express the administration’s resolve after President Donald Trump designated cartels as terrorists, according to Emilio Romano, head of Mexico for Bank of America Corp.