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

The move to split Grupo Financiero Citi México from Grupo Financiero Banamex is part of Citi's sweeping overhaul under CEO ...

Citigroup is cutting the number of year-end promotions it awards as it seeks to hold costs down amid a long-term ...

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

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

Just 2,000 Citi employees can look forward to an early Christmas present of a pay raise and a more senior title, down from ...

A Nova Scotia lawyer who had to be restrained by deputy sheriffs during a court appearance earlier this year has lost his ...

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

Monday said it has completed the separation of Banamex from its institutional banking business in Mexico. With ...

Citigroup Inc. Chief Executive Officer Jane Fraser said that clients who’d been waiting on the sidelines to do deals are focused on moving forward with mergers and acquisitions as they see that ...

Citigroup CEO Jane Fraser will slash the number of bankers getting year-end promotions as the Scottish-born executive looks to clamp down on costs, according to a report. Just 2,000 Citi employees ...