Citi completes split of Mexico business

Citigroup announced Monday that it has completed the separation of Banamex, one of Mexico's oldest retail banks, from Citi ...
Grupo Financiero Citi Mexico caters to institutional clients, while Grupo Financiero Banamex focuses on consumer, small, and ...
CEO Jane Fraser is moving closer to a spinoff of Mexican consumer bank Banamex.
Citigroup is close to spinning off its Mexican consumer bank Banamex, an important part of CEO Jane Fraser's bank overhaul ...
Some of her efforts to slim down Citi have been successful, like selling parts of Citi's consumer banking business, most notably the planned spin off of Citi's Banamex operations in Mexico.