The move sets up the bank to spin off Banamex in an IPO, as planned. The timing of that will depend on regulatory approval, ...

C nears divesting Banamex as part of its restructuring efforts to exit the retail banking business in some markets and invest ...

Citigroup has completed the separation of Banamex from its institutional banking business in Mexico as it prepares to list ...

CEO Jane Fraser is moving closer to a spinoff of Mexican consumer bank Banamex.

Citigroup has officially separated Banamex from its institutional banking arm, accelerating plans for a 2025 dual IPO. With ...

Just 2,000 Citi employees can look forward to an early Christmas present of a pay raise and a more senior title, down from ...

Citi's valuation metrics indicate a mixed picture: a high P/E ratio suggests accounting risks, but a low P/B ratio offers a ...

A Nova Scotia lawyer who had to be restrained by deputy sheriffs during a court appearance earlier this year has lost his ...

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

Citigroup Inc. Chief Executive Officer Jane Fraser said that clients who’d been waiting on the sidelines to do deals are focused on moving forward with mergers and acquisitions as they see that ...

Monday said it has completed the separation of Banamex from its institutional banking business in Mexico. With ...