These transactions follow the sale of another 25% equity stake in December to Mexican businessman Fernando Chico Pardo, Banamex's current chair of ⁠the board. Pardo was part of the process and will be ...

General Atlantic and Blackstone’s funds are among buyers as New York bank marks another step towards exiting business ...

Citigroup Inc. C announced agreements with several investors for commitments to purchase an aggregate 24% equity stake in Grupo Financiero Banamex, S.A. de C.V (Banamex). The deal represents another ...

Private-equity firm General Atlantic, Brazilian bank BTG Pactual and funds managed by Blackstone and Qatar Investment ...

Citigroup Inc. (NYSE:C) is included among the 13 Best Strong Buy Dividend Stocks to Invest in. According to a Bloomberg report published on February 23, Citigroup Inc. (NYSE:C) agreed to sell an ...

Citigroup Inc. struck deals to sell an additional 24% of its Mexican retail bank for around $2.5 billion to investors such as private equity firms, a bank and a sovereign wealth fund, bolstering the ...

Citigroup nears deal to sell another 24% of Banamex to investors like Blackstone and BTG Pactual; see what it means for ...

The group of transactions follows Citi's sale of a 25% stake in Banamex to Fernando Chico Pardo, current chair of Grupo Financiero Banamex and its largest individual private shareholder. When the ...

Some 30% of formal jobs in Mexico are at high risk of automation if companies adopt AI solutions, according to a recent ...

General Atlantic has agreed to acquire an equity stake in Banamex, a Mexico City-based subsidiary of the US-based Citigroup.

Feb 23 (Reuters) - Citigroup is nearing a deal to sell a 24% stake in its Mexican retail bank Grupo Financiero Banamex to a group of investors that includes Blackstone, Bloomberg News reported on ...