Mexico's minimum wage will increase 12% to 278.80 pesos (US $13.75) per day in most of the country, the government announced ...

Sally Bakewell, U.S. finance team leader at Bloomberg News, sent out the following on Wednesday: Hi all, We’re delighted to announce that Michael O’Boyle will be joining our team as Mexican finance ...

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

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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 ...

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

Monday said it has completed the separation of Banamex from its institutional banking business in Mexico. With ...

Citi will continue to offer its financial products and services through Citi Private Bank. The banking company will operate in Mexico through Banco Citi México and Citi México Casa de Bolsa. Finally, ...

The move to split Grupo Financiero Citi México from Grupo Financiero Banamex is part of Citi's sweeping overhaul under CEO ...

Plans are advancing for an initial public offering of Citigroup Inc.’s Banamex business in Mexico after the bank finished ...