The move to split Grupo Financiero Citi México from Grupo Financiero Banamex is part of Citi's sweeping overhaul under CEO ...

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 ...

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 ...

Monday said it has completed the separation of Banamex from its institutional banking business in Mexico. With ...

Citigroup now operates two separate entities in Mexico, Grupo Financiero Citi México and Grupo Financiero Banamex, according to a statement Monday. The New York-based bank is planning an IPO of ...