News Formal

Citi to exit Mexican consumer banking business in strategy revamp

  • 📰 Reuters
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Citigroup Inc said on Tuesday that it will exit its Citibanamex consumer banking business in Mexico, ending a two-decade-long retail effort that was the last of its consumer banking ventures outside the United States.

A Citibank sign is seen outside of a bank outlet in New York March 4, 2009. REUTERS/Lucas Jackson/File Photosaid on Tuesday that it will exit its Citibanamex consumer banking business in Mexico, ending a two-decade-long retail effort that was the last of its consumer banking ventures outside the United States.

Before becoming CEO, Fraser was responsible for the Mexico business and for Citigroup's global consumer bank. In that role she worked to build on investments the bank made to refurbish the Mexico consumer business which had been known as Banamex.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

😳 Congratulations 😳! Reuters was the first to post about it. 🎊🎉🏆🎉🎊

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Investment bank Jefferies cancels all business travel as COVID surgesJefferies Financial Group has alerted employees to cancel all work-related travel plans as the Omicron variant continues to spread, The Post has learned. The New York-based boutique investment bank…
Source: nypost - 🏆 91. / 67 Read more »