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