The move to split Grupo Financiero Citi México from Grupo Financiero Banamex is part of Citi's sweeping overhaul under CEO ...
Plans are advancing for an initial public offering of Citigroup Inc.’s Banamex business in Mexico after the bank finished ...
Grupo Financiero Citi Mexico caters to institutional clients, while Grupo Financiero Banamex focuses on consumer, small, and ...
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, ...
Citigroup is nearing an important milestone in efforts to spin off its Mexican consumer bank, an important part of chief ...
Citigroup has officially separated Banamex from its institutional banking arm, accelerating plans for a 2025 dual IPO. With ...
"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 ...