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 announced Monday that it has completed the separation of Banamex, one of Mexico's oldest retail banks, from Citi ...

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

The chief financial officer explained how the way Citigroup was founded is contributing to problems complying with regulatory ...

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

Plans are advancing for an initial public offering of Citigroup Inc.’s Banamex business in Mexico after the bank finished ...

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