With the transformation getting closer to completion, Citigroup will focus on five core businesses: U.S. personal banking, ...

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 ...

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 ...

A producer of Solo Leveling addressed the series' disappointing reception in Japan when compared to its massive international ...

Banamex has zeroed in on Jose Ortega, a middle manager the bank fired in 2012, as a key person in the fraud involving Mexican oil pipeline maintenance company Oceanografia, according to two people ...

Banamex will continue to be reported as part of Citi's continuing operations until ownership falls below a 50% voting interest, at which point the business will be deconsolidated, the statement added.

Mexico's headline inflation landed in line with expectations in the first half of June, reinforcing analysts' expectations ...

Banamex was put up for sale in January of 2022, after Citi initially said it might keep the bank. The move to exit — but keep its institutional banking business — is part of chief executive ...

La directora ejecutiva de Citigroup Inc., Jane Fraser, dijo que una oferta pública inicial de su unidad Banamex es el mejor camino para los accionistas, tras la abrupta decisión del banco de ...

Citi’s Banamex IPO May Stretch Into 2026 CEO Fraser says market, regulatory approvals key to timing Citi may offer shares in 15% tranches, looking for investors ...

Citi to pursue IPO of Banamex business, resume ‘modest level’ of stock repurchases Banco Nacional de México brand will be retained after IPO, which is expected to take place in 2025 ...