Citibanamex: Citigroup nears Mexican consumer bank spinoff, WSJ reports
Citigroup (C.N), opens new tab is close to spinning off its Mexican consumer bank Banamex, an important part of CEO Jane Fraser's bank overhaul plan, the Wall Street Journal reported on Friday.
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CEO
Manuel Romo
Banamex is a Mexico-based financial institution that provides personal and commercial banking products and services for individuals and businesses.
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