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 ...

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 ...

The move to split Grupo Financiero Citi México from Grupo Financiero Banamex is part of Citi's sweeping overhaul under CEO ...

Qian is often a go-to point for foreign investors seeking clarity on China's capital markets. "Many foreign investors, on ...

Citigroup is nearing an important milestone in efforts to spin off its Mexican consumer bank, an important part of chief ...

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

Directly above shot of festive table with roasted turkey on it. Family celebrating Thanksgiving day. Flat-lay of eating and ...

Amid Citi's global restructuring, which brought the bank's treasury and trade solutions and securities services under the same umbrella, Shahmir Khaliq, Citi's head of services, explains how ...

As China enters a new phase of high-quality development in a challenging environment, business decisions truly reflecting that potential are required Foreign direct investment (FDI) in China has been ...

Citigroup embraced its wealth management business as a potentially major cash cow several years ago, but it's now resorting ...