Plans are advancing for an initial public offering of Citigroup Inc.’s Banamex business in Mexico after the bank finished ...
CEO Jane Fraser is moving closer to a spinoff of Mexican consumer bank Banamex.
Citigroup is close to spinning off its Mexican consumer bank Banamex, an important part of CEO Jane Fraser's bank overhaul ...
Grupo Financiero Citi Mexico caters to institutional clients, while Grupo Financiero Banamex focuses on consumer, small, and ...
Citigroup has officially separated Banamex from its institutional banking arm, accelerating plans for a 2025 dual IPO. With ...
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 ...
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 ...