Citigroup, banamex

Citibanamex separation now complete, says Citigroup
Citigroup announced Monday that it has completed the separation of Banamex, one of Mexico's oldest retail banks, from Citi México.
Citigroup completes separation of Banamex ahead of IPO
Citigroup has completed the separation of its Mexican subsidiary Banamex from its institutional banking business in Mexico, the major US-based bank said on Monday. With this separation, Citigroup will now operate two separate financial groups in Mexico: Grupo Financiero Citi México and Grupo Financiero Banamex.
Citigroup Nears Banamex Spin-Off Amid Organizational Overhaul
C nears divesting Banamex as part of its restructuring efforts to exit the retail banking business in some markets and invest in sectors with high potential.
Citi completes split of Mexico business ahead of Banamex IPO
Citigroup has completed the separation of Banamex from its institutional banking business in Mexico as it prepares to list the retail bank, the Wall Street giant said on Monday.The move to split Grupo Financiero Citi México from Grupo Financiero Banamex is part of Citi's sweeping overhaul under CEO Jane Fraser aimed at simplifying its sprawling structure as it looks to improve the bank's performance.
Citi Splits Mexico Business With 93% of Staff Headed for IPO
Plans are advancing for an initial public offering of Citigroup Inc.’s Banamex business in Mexico after the bank finished separating out the division from its broader institutional offerings in the country.
Citigroup Completes Separation Of Banamex
Monday said it has completed the separation of Banamex from its institutional banking business in Mexico. With
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“For some it would be a once-in-a-lifetime opportunity”: Citigroup started talks with potential Banamex buyers
Citigroup's chief financial officer, Mark Mason, revealed that he has already started talks with potential Banamex buyers. At a press conference where he announced the quarterly financial results ...
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Citi separates Mexico retail ops from institutional business
The move sets up the bank to spin off Banamex in an IPO, as planned. The timing of that will depend on regulatory approval, ...
Yahoo Finance5d
Citigroup Set to Spin Off Banamex Amid Major Restructuring Strategy
According to a Wall Street Journal article, Citigroup (NYSE:C) is almost spinning off Banamex, its Mexican consumer banking division, in line with CEO Jane Fraser's restructure plan. A crucial ...
A Simpler Citigroup Begins to Take Shape
Citigroup is nearing an important milestone in efforts to spin off its Mexican consumer bank, an important part of chief ...
The Financial Times9d
Citigroup slashes promotions as it seeks to overhaul bank
Citigroup is slashing the number of year-end ... with the planned initial public offering of its Mexican retail bank Banamex. But after cutting 10,000 positions in the first half of the year ...