Citigroup has completed the separation of Banamex from its institutional banking business in Mexico as it prepares to list ...

Citigroup announced Monday that it has completed the separation of Banamex, one of Mexico's oldest retail banks, from Citi ...

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

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

Grupo Financiero Citi Mexico caters to institutional clients, while Grupo Financiero Banamex focuses on consumer, small, and ...

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

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

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

Sally Bakewell, U.S. finance team leader at Bloomberg News, sent out the following on Wednesday: Hi all, We’re delighted to announce that Michael O’Boyle will be joining our team as Mexican finance ...

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 ...

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, ...