Citigroup has completed the separation of Banamex from its institutional banking business in Mexico as it prepares to list ...

Plans are advancing for an initial public offering of Citigroup Inc.’s Banamex business in Mexico after the bank finished ...

Citigroup announced Monday that it has completed the separation of Banamex, one of Mexico's oldest retail banks, from Citi ...

The move sets up the bank to spin off Banamex in an IPO, as planned. The timing of that will depend on regulatory approval, ...

Grupo Financiero Citi Mexico caters to institutional clients, while Grupo Financiero Banamex focuses on consumer, small, and ...

Citigroup has officially separated Banamex from its institutional banking arm, accelerating plans for a 2025 dual IPO. With ...

Citi in May last year abandoned a $7bn sale of Banamex to Grupo México, opting for an IPO after negotiations stalled. Banamex, which serves 20mn clients via 1,300 branches, is expected to list by 2025 ...

Citigroup is nearing an important milestone in efforts to spin off its Mexican consumer bank, an important part of chief ...

Citi will continue to offer its financial products and services through Citi Private Bank. The banking company will operate in Mexico through Banco Citi México and Citi México Casa de Bolsa. Finally, ...

According to a Wall Street Journal article, Citigroup (NYSE:C) is almost spinning off Banamex, its Mexican consumer banking division, in line with CEO Jane Fraser's restructure plan. A crucial step ...

Wells Fargo notes Citi’s (C) new 10-Q was released after Thursday’s close and points out the timing of its Mexico IPO may be earlier than previously expected, calling this the “key point ...