Citigroup plans to spin off its Banamex banking franchise, the company said Wednesday, a deal that would bring an end to Citi's two-decade push into Latin America. Citi had announced last year ...

Citigroup remains the cheapest large U.S. bank by price-to-book. Read why C stock is an interesting value play in the U.S.

More than a year after announcing plans to exit its consumer, small business and middle-market banking operations in Mexico — Banco Nacional de México ("Banamex"), Citigroup Inc. C has decided ...

Citigroup, Inc. C is nearing spinning off its consumer, small business and middle-market banking operations in Mexico — Banco Nacional de México (“Banamex”). The news was reported by the ...

Citigroup acquired Banamex, Mexico’s fourth-largest bank, in a $12.5 billion deal in 2001. Photo: HENRY ROMERO/REUTERS. Citigroup C 1.37 % increase; green up pointing triangle will spin off its ...

NEW YORK — Citigroup plans to spin off its Banamex banking franchise, the company said Wednesday, a deal that would bring an end to Citi’s two-decade push into Latin America.

Citigroup plans to spin off its Banamex banking franchise, the company said Wednesday, a deal that would bring an end to Citi's two-decade push into Latin America.

Citigroup plans to spin off its Banamex banking franchise, the company said Wednesday, a deal that would bring an end to Citi’s two-decade push into Latin America. Open in Our App.