This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. The conglomerate, controlled by Mexican billionaire Germán ...

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 ...

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 ...

(Bloomberg) -- Citigroup Inc.’s planned sale of its Banamex unit should go to Mexican investors and avoid mass firings, Mexican President Andres Manuel Lopez Obrador said, adding new restrictions that ...

NEW YORK, Sept 24 (Reuters) - Citigroup (C.N), opens new tab has agreed to sell a 25% stake in Grupo Financiero Banamex to a company owned by Mexican billionaire Fernando Chico Pardo and his family, ...

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 ...

Citigroup said Wednesday it plans to pursue an initial public offering of its Mexico business Banamex, scuttling a 16-month effort to find a buyer for the unit. The bank expects to complete the ...

(RTTNews) - Citigroup Inc. (C) Monday said it has completed the separation of Banamex from its institutional banking business in Mexico. With this separation, Citi will now operate two separate ...

NEW YORK (Reuters) -Citigroup still plans to pursue an IPO for its Mexican retail unit even after receiving a new offer by mining and transportation conglomerate Grupo Mexico, Citi said in a statement ...