Citi announces the sale of 24% of Banamex to an investment group
Citi declared that it had reached agreements with investors who agreed to pay for 24% of Banamex's regular actions. The...
Banamex
Bank earnings dropped 1% in October
According to data from the National Banking and Securities Commission (CNBV). Net earnings for Mexican banks decreased 1.13% year over...
Grupo México expresses sadness that Citi turned down its bid for Banamex
Grupo México, a mining and transportation giant, expressed disappointment and respect for Citigroup's decision to turn down its bid for...
Grupo México gives Citi 10 days to respond to their bid for 100% of Banamex
Grupo México informed the Mexican Stock Exchange that it has given Citigroup 10 days for its board of directors and...
Grupo México bids to acquire up to 100% of Banamex
Grupo México declared that it has launched a binding offer for up to 100% of the shares of Grupo Financiero...
Fernando Chico Pardo purchases a quarter of Banamex
A deal of 42 billion pesos was concluded between Citi and a Mexican billionaire named Fernando Chico Pardo, according to...
CEO of Citigroup visits Mexico during talks for a Banamex stake
As reported by Bloomberg News on Monday, Citigroup CEO Jane Fraser is in Mexico City for discussions with President Claudia...
Banorte does not consider making a bid for Banamex
Marcos Ramírez, the CEO of Banorte, stated that the company is not contemplating an offer for Banamex. Ramirez's remarks differed...
Citi abandons the proposed sale of Banamex and plans to go public in 2025
Following difficulties with the sale from Mexico's president, Citigroup Inc. (C) decided to discontinue discussions for a potential $7 billion...
The president AMLO announced a meeting with Citigroup CEO Jane Fraser; they will discuss the sale of Banamex.
Citibanamex It has been established that President Andrés Manuel López Obrador will meet with Jane Fraser, CEO of Citigroup, and...
