Why Citigroup's Banamex Mexico Sale Could Be A Huge Step In Strategic Transformation Jan. 23, 2023 6:30 AM ET Citigroup Inc. (C) Stock C 38 Comments 27 Likes IP Banking Research ...

Mexican lender Banorte is not considering making a bid for Banamex, Citi's one-time retail unit in the country which it split off last year, CEO Marcos Ramirez told local newspaper Milenio in an ...

Banamex USA, a Century City unit of Citigroup Inc. that served customers doing business in Mexico and the U.S., has agreed to shut down and pay $140 million in penalties to settle state and ...

Citigroup has completed the separation of Banamex from its institutional banking business in Mexico as it prepares to list the retail bank, the Wall Street giant said on Monday.

MEXICO CITY (Reuters) -Mexican lender Banorte will again consider a potential purchase of Banamex, Citi's one-time retail unit in the country which it split off last year, Banorte's CEO told ...

Citigroup acquired Banamex, Mexico’s fourth-largest bank, in a $12.5 billion deal in 2001. Photo: HENRY ROMERO/REUTERS ...

MEXICO CITY, May 23 (Reuters) - Mexican President Andres Manuel Lopez Obrador's administration is studying the possibility of buying a majority of shares in Citigroup's local retail unit known as ...

Grupo Financiero Banamex SA, Citigroup Inc.'s Mexican unit, is targeting the millions of Mexican households without bank services as it seeks to expand in an underserved market with a young population ...

S AN DIEGO (Border Report) — Executives of Mexico’s second-largest bank, Banamex, say President Donald Trump is the “biggest threat to the Mexican economy during the next four years.” ...

The business, known as Banamex, has generated heavy regulatory scrutiny. By Emily Flitter Citigroup will exit its consumer banking business in Mexico, where it has more branches than in any other ...

Banamex, Citigroup’s once-prized Mexico subsidiary, is cleaning house. In addition to the departure of the unit’s CEO earlier this month, high-ranking employees of the bank’s Banamex ...

FILE PHOTO: A view shows the logo of Grupo Financiero Banorte bank on the wall outside in a branch in Mexico City, Mexico June 17, 2024. ... (Banamex) and any others." ...