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

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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 ...

花旗宣布完成将墨西哥的机构银行业务与消费者、小型和中型市场业务分离。这次分拆完成后形成了两个独立的实体：服务于机构客户的Grupo Financiero Citi México，以及消费者银行业务Grupo Financiero Banamex。此举是花旗更广泛战略的一部分，旨在精简运营并专注于其核心优势。花旗CEO Jane Fraser表示，这次分拆是该银行简化业务并与其长期愿景保持一致努力中 ...

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

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