Home Stock Citigroup nears Mexican consumer bank spinoff, WSJ reports

Citigroup nears Mexican consumer bank spinoff, WSJ reports

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(Reuters) – Citigroup (NYSE:C) 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.

Citigroup did not immediately respond to a Reuters request for comment.

This post appeared first on investing.com

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