Citi Completes Banamex Split, Paving the Way for a 2025 IPO Across Mexico and Wall Street
Citigroup has officially separated Banamex from its institutional banking arm, accelerating plans for a 2025 dual IPO. With listings in Mexico City and New York under consideration, this move reflects Citis ongoing push
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Merger activity is down 40% from its peak. Citigroup CEO Jane Fraser sees a ‘big unlock’ ahead.‘We’re seeing the big unlock with M&A …. It’s going to be pretty active.’ — Citigroup Chief Executive Jane Fraser That’s ...
CEO Jane Fraser is moving closer to a spinoff of Mexican consumer bank Banamex.
Just 2,000 Citi employees can look forward to an early Christmas present of a pay raise and a more senior title, down from ...
Citigroup is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term ...
Citi's valuation metrics indicate a mixed picture: a high P/E ratio suggests accounting risks, but a low P/B ratio offers a ...
Jane Fraser, Citi’s new CEO, is the first woman to lead a major U.S. bank Fraser will replace a retiring CEO Michael Corbat in February, the company announced today. Banker Jane Fraser is ...
Citigroup is close to spinning off its Mexican consumer bank Banamex, an important part of CEO Jane Fraser's bank overhaul ...
Citigroup is a strong value play with potential for further gains, low valuation metrics, and a promising dividend yield. See ...
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