The move sets up the bank to spin off Banamex in an IPO, as planned. The timing of that will depend on regulatory approval, ...

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 Banamex from its institutional banking business in Mexico as it prepares to list ...

Citigroup is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term ...

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

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

Just 2,000 Citi employees can look forward to an early Christmas present of a pay raise and a more senior title, down from ...

A Nova Scotia lawyer has lost his appeal of a suspension following an alleged courtroom struggle earlier this year that saw ...

Plans are advancing for an initial public offering of Citigroup Inc.’s Banamex business in Mexico after the bank finished ...

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

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