One of the largest players in Mexico’s booming pension fund system is eyeing more investments in the country’s financial ...

Citigroup has agreed to sell a 24% stake in Grupo Financiero Banamex to a group of institutional investors and family offices, as part of its planned exit from its Mexican retail banking unit. The ...

Citigroup Inc. has postponed the placement of shares in the Mexican division of Banco Nacional de Mexico (Banamex) until 2026, taking into account market instability, obtaining regulatory approval and ...

MEXICO CITY (AP) — A day after Citigroup announced it would sell a 25% stake in Banamex to billionaire Fernando Chico Pardo, the Mexican businessman said his $2.3 billion investment should be read as ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. The conglomerate, controlled by Mexican billionaire Germán ...

Citigroup (C) stock gained 0.7% in extended trading on Wednesday after the bank agreed to sell a 25% stake in its Mexican retail banking unit, Banamex, for 42 billion pesos ($2.3 billion) to local ...

Mexican bank Banamex this week launched the initial phase of the first major countrywide contactless-payment rollout that includes the issuance of 100,000 PayPass contactless credit and debit ...

ATLANTA & MEXICO CITY--(BUSINESS WIRE)--Global Payments Inc. (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, and Banco Nacional de México, S.A., member of the ...

July 22 (Reuters) - Citigroup Inc said it would shut its Banamex USA operations and pay $140 million to regulators who alleged the bank did not correct weaknesses they had found in 2012 in its ...