Citi (C), Deutsche Bank (DB), HSBC, Morgan Stanley (MS) and Royal Bank of Canada (RY) have allegedly conspired in chat rooms to swap sensitive information on UK bonds between 2009 and 2013.
Yahoo Finance markets contributor Remy Blaire discusses trending stocks, including Citigroup announcing it will pursue an IPO for Banamex, Petco stock falling on soft guidance, and Abercrombie & Fitch
A public offering for its Banamex business in Mexico will be slower than a sale, but there are benefits.
Mexican President Andres Manuel Lopez Obrador said on Wednesday he does not rule out the possibility of the government stepping in to buy a part of U.S. bank Citigroup's local retail unit, adding the
Deutsche Bank (DB) and Citigroup (C) on Wednesday admitted to trading sensitive information on U.K. government bonds, and were among five banks found in breach of U.K. competition law.
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.
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
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 announced Wednesday it plans to pursue an initial public offering of its Mexico business, Banamex, making formal a long-telegraphed spinoff.
The New York bank will spin off its Mexican consumer unit after a yearlong process failed to find a deal.
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
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 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 & 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
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