Citigroup C1.01%increase ... The bank said it would complete a split next week of the systems that underpin Banamex from the rest of its operations in Mexico. That is a precursor to its plan ...
The move sets up the bank to spin off Banamex in an IPO, as planned. The timing of that will depend on regulatory approval, ...
Plans are advancing for an initial public offering of Citigroup Inc.’s Banamex business in Mexico after the bank finished ...
Citigroup's chief financial officer, Mark Mason, revealed that he has already started talks with potential Banamex buyers. At a press conference where he announced the quarterly financial results ...
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 ...
Citigroup is slashing the number of year-end ... with the planned initial public offering of its Mexican retail bank Banamex. But after cutting 10,000 positions in the first half of the year ...