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 ...

30, while in Mexico, Nu’s expansion remained solid ... Shares of Nu fell 4.2% on Dec. 2 after Citi analysts raised concerns about the company, downgrading the fintech giant from “Neutral” to “Sell” ...

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

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 ...

Citigroup has completed the separation of its Mexican subsidiary Banamex from its institutional banking business in Mexico, ...

New tariffs likely would drive up prices of aluminum and steel imports because Canada and Mexico are major suppliers of the ...

Electrifying performances took centre stage at the Guadalajara's Centro Acuatico Metropolitano when the Citi Para Swimming World Series Mexico 2024 was held over four days last weekend (21–24 November ...