banamex, Citigroup and IPO

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