Citigroup completes separation of Banamex

Plans are advancing for an initial public offering of Citigroup Inc.’s Banamex business in Mexico after the bank finished ...
Grupo Financiero Citi Mexico caters to institutional clients, while Grupo Financiero Banamex focuses on consumer, small, and ...
CEO Jane Fraser is moving closer to a spinoff of Mexican consumer bank Banamex.
Citigroup Inc. is developing plans for an IPO of the Banamex division in Mexico after the completion of the transaction to separate these assets from the Citigroup structure. This is reported in a ...
Citigroup, Inc. C is nearing spinning off its consumer, small business and middle-market banking operations in Mexico — Banco Nacional de México (“Banamex”). The news was reported by the Wall ...