Citigroup, Grupo Financiero Banamex

CEO Jane Fraser is moving closer to a spinoff of Mexican consumer bank Banamex.
Citigroup's chief financial officer, Mark Mason, revealed that he has already started talks with potential Banamex buyers. At a press conference where he announced the quarterly financial results ...
According to a Wall Street Journal article, Citigroup (NYSE:C) is almost spinning off Banamex, its Mexican consumer banking division, in line with CEO Jane Fraser's restructure plan. A crucial ...