Citigroup announced Monday that it has completed the separation of Banamex, one of Mexico's oldest retail banks, from Citi ...
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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 ...
Citigroup has officially separated Banamex from its institutional banking arm, accelerating plans for a 2025 dual IPO. With ...
Citigroup has completed the separation of its Mexican subsidiary Banamex from its institutional banking business in Mexico, ...
C nears divesting Banamex as part of its restructuring efforts to exit the retail banking business in some markets and invest ...
Monday said it has completed the separation of Banamex from its institutional banking business in Mexico. With ...
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, ...
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CEO Jane Fraser is moving closer to a spinoff of Mexican consumer bank Banamex. Doubts among investors about the sustainability of rising government debt could push global borrowing costs higher and ...