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

CEO Jane Fraser is moving closer to a spinoff of Mexican consumer bank Banamex.

Warren Buffett's long-term success in the stock market is undeniable. Since becoming CEO of Berkshire Hathaway (NYSE: ...

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

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

Citi's valuation metrics indicate a mixed picture: a high P/E ratio suggests accounting risks, but a low P/B ratio offers a ...

Warren Buffett and his company, Berkshire Hathaway, have made a name for themselves by generating great returns for decades.

According to a Wall Street Journal article, Citigroup ( NYSE:C) is almost spinning off Banamex, its Mexican consumer banking ...

Citigroup has officially separated Banamex from its institutional banking arm, accelerating plans for a 2025 dual IPO. With ...

Citi in May last year abandoned a $7bn sale of Banamex to Grupo México, opting for an IPO after negotiations stalled. Banamex, which serves 20mn clients via 1,300 branches, is expected to list by 2025 ...

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