Citigroup close to spinning off Banamex to streamline operations and improve profitability

From Investing.com: 2024-11-29 05:56:43

Citigroup is nearing the spin-off of its Mexican consumer bank Banamex as part of CEO Jane Fraser’s overhaul plan. The move aims to streamline operations and improve profitability. Citigroup has not yet commented on the report.



Read more at Investing.com: Citigroup nears Mexican consumer bank spinoff, WSJ reports By Reuters