Citigroup Inc scrapped a $7-billion sale of its Mexican consumer unit and will list it instead, in a surprise move that delays …
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banamex
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AMLO’s government would consider participating in Citigroup Inc’s sale of its retail banking unit Banamex
Mexico’s President Andres Manuel Lopez Obrador said the government would consider participating in Citigroup Inc’s sale of its retail banking unit Banamex …
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Citibanamex is spending 1.4 billion pesos ($67.8 million USD) to remodel more than 1,200 branches in Mexico with plans to expand, a …
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BusinessBusiness-newNationalNews
Why Citigroup Is Exiting its Very Profitable Consumer Banking Division in Mexico
The operations that Citigroup is selling consist of $44 billion in assets and generated more than $1 billion of profit in 2021. …
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BusinessBusiness-newHeadlinesNationalNews
Banamex could receive bids from other institutions, Mexican moguls, and global banks
After Citigroup Inc on Tuesday announced plans to sell its Mexican consumer banking business, analysts said homegrown billionaires such as Carlos Slim …
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Mexican President Andres Manuel Lopez Obrador on Thursday urged domestic investors to snap up the consumer banking arm of Citigroup in his …
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Nubank said on Thursday it was not interested in bidding for Citigroup’s Citibanamex consumer banking business in Mexico, pouring cold water on …
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BusinessBusiness-newHeadlinesNationalNews
Mexican billionaire Ricardo Salinas Pliego said he was considering acquiring Citibanamex
MEXICO CITY (Reuters) – Mexican billionaire Ricardo Salinas Pliego on Tuesday said he was considering acquiring Citibanamex, the Mexican consumer banking business …
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Citi, a financial services company, announced on Tuesday, January 11th, that it intends to exit Citibanamex’s consumer banking, AFORE, and corporate banking …