The decision by Citigroup Inc. to take a stake in the department store chain La Curacao underscores the eagerness with which large banks want to extend credit to undocumented and un-banked Hispanics.
Citigroup Inc. has bought a 10.5 percent stake in the La Curacao chain of department stores, which caters to Latinos in Los Angeles and Orange counties. The investment will fund the department store ...