Citigroup previously anticipated the separation of Banamex to be concluded in the second half of 2024 and the IPO to take place in 2025. Rationale Behind Citigroup’s Efforts to Spin Off Banamex ...

Citi opted to spin off its retail business in Mexico after failing to find a buyer for Banamex, which is one of the country’s oldest and largest banks. Citi reportedly came close to clinching an ...

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Citi opted to spin off its retail business in Mexico after failing to find a buyer for Banamex, which is one of the country’s oldest and largest banks. Citi reportedly came close to clinching an ...

Citigroup has completed the separation of its Mexican subsidiary Banamex from its institutional banking business in Mexico, the major US-based bank said on Monday. With this separation ...