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 ...

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 ...

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 has officially separated Banamex from its institutional banking arm, accelerating plans for a 2025 dual IPO. With ...

Citi in May last year abandoned a $7bn sale of Banamex to Grupo México, opting for an IPO after negotiations stalled. Banamex, which serves 20mn clients via 1,300 branches, is expected to list by 2025 ...

Citigroup has completed the separation of its Mexican subsidiary Banamex from its institutional banking business in Mexico, ...

Citi today announced the successful separation of its institutional banking business in Mexico from its consumer, small, and ...

Citi will continue to offer its financial products and services through Citi Private Bank. The banking company will operate in Mexico through Banco Citi México and Citi México Casa de Bolsa. Finally, ...

CEO Jane Fraser is moving closer to a spinoff of Mexican consumer bank Banamex.

As per a report published in The Wall Street Journal, Citigroup Inc. (C) is nearing the spinoff of Banco Nacional de México, or ...