Citigroup abandons longplanned sale of Banamex to pursue IPO Financial Times

Citigroup abandons longplanned sale of Banamex to pursue IPO  Financial Times

Citigroup has said it will spin off its Mexican retail bank through an initial public offering, abandoning a plan hatched early last year to sell the unit. The US lender plans to completely separate… [+3621 chars]Read More

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