Citigroup has agreed to sell a 25% stake in Grupo Financiero Banamex to a company owned by Mexican billionaire Fernando Chico ...

Mexican billionaire Fernando Chico Pardo says his $2.3 billion investment in Banamex shows confidence in Mexico’s government ...

This move is part of Citi's strategy to divest its international consumer businesses and concentrate on its primary ...

Citigroup Inc. C has taken a decisive step in its global restructuring efforts, announcing an agreement with a company wholly ...

Financier Fernando Chico Pardo to buy 25% position in lender as Wall Street giant seeks to exit the retail bank ...

Mexican magnate Fernando Chico Pardo agreed to buy a 25% stake in Banamex from Citigroup for US $2.3 billion ahead of the ...

Citigroup ( NYSE: C) agreed to sell a 25% stake in its Mexican retail bank Banamex to local businessman Fernando Chico Pardo ...

Citigroup Inc. agreed to sell a 25% stake in its Mexican retail banking unit Banamex to local businessman Fernando Chico Pardo as part of a plan to list the asset publicly.

Citigroup is moving forward with its plan to divest from Banamex, its Mexican retail banking unit, by seeking additional ...

Querétaro data centers, the sale of Mexico's oldest bank and Sheinbaum's popularity with opposition voters were themes of ...

Investing.com -- Citigroup has reached an agreement to sell a 25% stake in Grupo Financiero Banamex for $2.3 billion to a company owned by Fernando Chico Pado and members of his immediate family.