C nears divesting Banamex as part of its restructuring efforts to exit the retail banking business in some markets and invest ...

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

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

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

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

Citigroup is close to spinning off its Mexican consumer bank Banamex, an important part of CEO Jane Fraser's bank overhaul ...

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 step ...

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 ...