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At Close: Jun 04, 2026
IPO Alert: What to Know as Citigroup Plans Banamex Spinoff
10:16am, Wednesday, 24'th May 2023
Citigroup (NYSE: C ) stock is a hot topic among traders on Wednesday after the financial company said it's considering an IPO. Of course, Citigroup is already publicly traded.
Citi plans IPO for Mexico retail banking operation Banamex
09:46am, Wednesday, 24'th May 2023
Citigroup Inc (NYSE:C) has announced plans for an initial public offering (IPO) of its retail banking operations in Mexico after earlier pursuing a dual process including a trade sale as it exits the
Citi to pursue IPO of Banamex, resume ‘modest level' of stock repurchases
08:49am, Wednesday, 24'th May 2023
Citigroup Inc. C, +0.26% announced Wednesday that it will pursue an initial public offering (IPO) of its consumer, small business and middle-market banking operations in Mexico. Citi's stock slumped 1
Citigroup to pursue IPO for its Mexico retail unit
08:32am, Wednesday, 24'th May 2023
Citigroup Inc will pursue an initial public offering of its Banamex unit that consists of its consumer, small business and middle-market banking operations in Mexico, the bank said on Wednesday.
Citigroup to spin off its Mexico business through IPO
08:32am, Wednesday, 24'th May 2023
Citigroup announced Wednesday it plans to pursue an initial public offering of its Mexico business, Banamex, making formal a long-telegraphed spinoff.
Citigroup Ends Sale Talks for Banamex and Pivots to IPO
08:31am, Wednesday, 24'th May 2023
The New York bank will spin off its Mexican consumer unit after a yearlong process failed to find a deal.
Five banks unlawfully shared information on government bonds, U.K. regulator says
05:46am, Wednesday, 24'th May 2023
The U.K.'s Competition and Markets Authority on Wednesday said it has provisionally found that Citi, Deutsche Bank, HSBC, Morgan Stanley and Royal Bank of Canada broke competition law by exchanging se
Mexico government open to buying Citigroup's Banamex
05:21pm, Tuesday, 23'rd May 2023
Mexican President Andres Manuel Lopez Obrador's administration is studying the possibility of buying a majority of shares in Citigroup's local retail unit known as Banamex, according to a government s
Cloud Stock Improves Bottom Line, Finally Heads For Profitability
02:29pm, Tuesday, 23'rd May 2023
Cloud data streaming stock Confluent is approaching profitability and nears a buy point. This cloud data streaming stock sees a total addressable market hitting $100 billion by 2025.
JPMorgan Chase takes big plunge into climate-focused carbon removal: report
12:47pm, Tuesday, 23'rd May 2023
JPMorgan Chase & Co., the U.S.'s largest bank, is making a considerable investment in carbon-credit markets, a decades-old framework intended to reduce the amount of Earth-warming greenhouse gases but
Here's what banks need to do to increase the number of female CEOs, this diversity expert says
07:24pm, Monday, 22'nd May 2023
Diversity, Equity and Inclusion (DEI) has been one of the key corporate themes of recent years, but female CEOs remain a rarity at America's largest banks.
Charles Schwab raises $2.5 bln in bond offering amid surge in corporate bond deals
07:25am, Thursday, 18'th May 2023
Charles Schwab Corp. SCHW, +3.45% on Thursday disclosed plans for a $2.5 billion bond offering as the corporate bond market continues to pick up steam.
Citigroup Stock Is Trading Below Its Intrinsic Value
07:00am, Thursday, 18'th May 2023
Citigroup's stock (NYSE: C) has lost 1% YTD, as compared to the 7% rise in the S&P500 over the same period.
Barclays technology banker joins Citigroup
04:17pm, Tuesday, 16'th May 2023
Ed Wehle, a senior Barclays Plc technology banker, has resigned to join U.S. rival Citigroup Inc in New York, according to an internal memo seen by Reuters, adding to an exodus of top investment banke
Mexican president: 'No problem' if Grupo Mexico buys Citi's Banamex unit
12:42pm, Tuesday, 16'th May 2023
Negotiations over the sale of Citigroup Inc's Mexican retail bank Citibanamex are "going really well" and one potential buyer is conglomerate Grupo Mexico , Mexican President Andres Manuel Lopez Obrad
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