Citigroup has completed the separation of its Mexican subsidiary Banamex from its institutional banking business in Mexico, the major US-based bank said on Monday. With this separation, Citigroup will ...

Citigroup Inc. has postponed the placement of shares in the Mexican division of Banco Nacional de Mexico (Banamex) until 2026, taking into account market instability, obtaining regulatory approval and ...

Banamex USA, a Century City unit of Citigroup Inc. that served customers doing business in Mexico and the U.S., has agreed to shut down and pay $140 million in penalties to settle state and federal ...

Citigroup Inc. C has reaffirmed its commitment to move ahead with an initial public offering (IPO) of its Mexican retail unit, Grupo Financiero Banamex, even after receiving a new acquisition proposal ...

ATLANTA & MEXICO CITY--(BUSINESS WIRE)--Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, and Banco Nacional de México, S.A., member of the ...

MEXICO CITY (Reuters) - Citigroup will look for more minority investors in its Mexican retail unit, Banamex, before launching a potential initial public offering, executives said on Thursday. Citi ...

Mexican financial regulators are nearing approval of Citigroup Inc.'s C planned sale of a 25% stake in its retail banking unit, Grupo Financiero Banamex, according to a Bloomberg News report, which ...

Citigroup has agreed to pay nearly $100 million to federal authorities to settle claims that a lack of internal controls at the bank’s Banamex subsidiary may have allowed customers to launder money ...

May 10 (Reuters) - Conglomerate Grupo Mexico (GMEXICOB.MX), opens new tab is set to buy Citigroup Inc's (C.N), opens new tab retail banking operations in Mexico for about $7 billion in a deal that ...

MEXICO CITY (Reuters) – Mexico’s Attorney General is seeking to arrest three Banamex employees, including at least one senior employee, in connection with a fraud probe involving the Citigroup Mexican ...

Simply sign up to the Financials myFT Digest -- delivered directly to your inbox. Citigroup has agreed to sell a 25 per cent stake in Mexico’s Banamex to financier Fernando Chico Pardo, bringing the ...