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

Citigroup said on Wednesday it has agreed to sell a 25% stake in Grupo Financiero Banamex to a company owned by Mexican ...

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

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

Citigroup will look for more minority investors in its Mexican retail unit, Banamex, before launching a potential initial ...

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

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

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

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

The acquisition of Banamex by Chico Pardo, who is also the president of Grupo Aeroportuario del Sureste (Asur), reflects a strong vote of confidence in the bank's future. As Jane Fraser, CEO of Citi, ...

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 has agreed to sell a 25% stake in Grupo Financiero Banamex to a company owned by Mexican billionaire Fernando Chico Pardo and his family, marking a step toward Citi's plan to take the unit ...