Grupo Financiero Citi Mexico caters to institutional clients, while Grupo Financiero Banamex focuses on consumer, small, and ...

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

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

Citi downgrades NU Holdings to Sell due to slower growth, while reiterating Buy rating for INTR with potential for faster growth in unsecured loans.

Brazil-based Nu Holdings (NU) has taken the market by storm, carving out a compelling niche in the fintech space. After a ...

Citi in May last year abandoned a $7bn sale of Banamex to Grupo México, opting for an IPO after negotiations stalled. Banamex, which serves 20mn clients via 1,300 branches, is expected to list by 2025 ...

The hosts topped medals table with 14 gold medals followed by Argentina and Peru in top three of medal standings as thrilling ...

Social finance initiatives can enhance financial inclusion, facilitate access to essential services, create job opportunities ...

New tariffs likely would drive up prices of aluminum and steel imports because Canada and Mexico are major suppliers of the ...

Aluminum and steel will be the most impacted metals under President-elect Donald Trump’s threat to impose 25% tariffs on ...