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: ...

China's Vice-Premier He Lifeng met Citigroup CEO Jane Fraser in Beijing on Thursday, underscoring efforts to open up the ...

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

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

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