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Citi completes split of Mexico business
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.
Citi Completes Split of Mexico Business Ahead of Banamex IPO
(Reuters) -
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.
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 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.
Citigroup Completes Separation Of Banamex
Monday said it has completed the separation of Banamex from its institutional banking business in Mexico. With
3d
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 ...
Yahoo Finance
6d
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 ...
6d
on MSN
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 ...
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