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

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

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

Warren Buffett's long-term success in the stock market is undeniable. Since becoming CEO of Berkshire Hathaway (NYSE: ...

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

Citi's valuation metrics indicate a mixed picture: a high P/E ratio suggests accounting risks, but a low P/B ratio offers a ...

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

Warren Buffett and his company, Berkshire Hathaway, have made a name for themselves by generating great returns for decades.

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

Citigroup is a strong value play with potential for further gains, low valuation metrics, and a promising dividend yield. See ...

The Nova Scotia Barristers' Society has suspended a Pictou County lawyer whose courtroom dispute with his former law partners ...