Citigroup, Banamex

Citigroup is close to spinning off its Mexican consumer bank Banamex, an important part of CEO Jane Fraser's bank overhaul ...
Citigroup C1.01%increase ... The bank said it would complete a split next week of the systems that underpin Banamex from the rest of its operations in Mexico. That is a precursor to its plan ...
President Andrés Manuel López Obrador told Mexican bankers that the federal government will not put obstacles in Citigroup's sale of Banamex, although he respectfully suggested that a group of ...
According to a Wall Street Journal article, Citigroup (NYSE:C) is almost spinning off Banamex, its Mexican consumer banking division, in line with CEO Jane Fraser's restructure plan. A crucial ...