Grupo Financiero Citi Mexico caters to institutional clients, while Grupo Financiero Banamex focuses on consumer, small, and ...

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

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

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

Citi downgrades NU Holdings to Sell due to slower growth, while reiterating Buy rating for INTR with potential for faster growth in unsecured loans.

Citigroup is nearing an important milestone in efforts to spin off its Mexican consumer bank, an important part of chief ...

As per a report published in The Wall Street Journal, Citigroup Inc. (C) is nearing the spinoff of Banco Nacional de México, or ...

Brazil-based Nu Holdings (NU) has taken the market by storm, carving out a compelling niche in the fintech space. After a ...

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 ...

Social finance initiatives can enhance financial inclusion, facilitate access to essential services, create job opportunities ...