(Reuters) - Citigroup has completed the separation of Banamex from its institutional banking business in Mexico as it prepares to list the retail bank, the Wall Street giant said on Monday. The move ...
Plans are advancing for an initial public offering of Citigroup Inc.’s Banamex business in Mexico after the bank finished ...
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Citi separates Mexico operations into two separate financial groupsGrupo Financiero Citi Mexico caters to institutional clients, while Grupo Financiero Banamex focuses on consumer, small, and ...
The move sets up the bank to spin off Banamex in an IPO, as planned. The timing of that will depend on regulatory approval, ...
Citigroup announced Monday that it has completed the separation of Banamex, one of Mexico's oldest retail banks, from Citi ...
"We will now prepare for the Banamex IPO." Citi has weighed a dual stock listing for the Banamex unit, possibly in Mexico City and New York, Reuters has reported. The bank had previously said it ...
(RTTNews) - Citigroup Inc. (C) Monday said it has completed the separation of Banamex from its institutional banking business in Mexico. With this separation, Citi will now operate two separate ...
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