Citigroup's overall profitability and return metrics remain lackluster compared to other big banks. Read why I remain ...

With the transformation getting closer to completion, Citigroup will focus on five core businesses: U.S. personal banking, ...

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.

Banamex USA, a Century City unit of Citigroup Inc. that served customers doing business in Mexico and the U.S., has agreed to shut down and pay $140 million in penalties to settle state and ...

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 acquired Banamex, Mexico’s fourth-largest bank, in a $12.5 billion deal in 2001. Photo: HENRY ROMERO/REUTERS. Citigroup C 1.69 % increase; green up pointing triangle will spin off its ...

Citigroup has agreed to pay nearly $100 million to federal authorities to settle claims that a lack of internal controls at the bank’s Banamex subsidiary may have allowed customers to launder ...

Citigroup Inc.C2.26%increase; green up pointing triangle is expected to shut down Banamex USA, a California unit that specializes in moving money across the southern U.S. border and has been ...

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.