![]() ![]() Citi will continue to invest in and grow those institutional banking operations, along with its Private Banking franchise.Ĭiti CEO Jane Fraser said, "The decision to exit the consumer, small business and middle-market banking businesses in Mexico is fully aligned with the principles of our strategy refresh-we'll be able to direct our resources to opportunities aligned with our core strengths and competitive advantages, focus on businesses that benefit from connectivity to our global network, and we will further simplify our bank."įraser continued, "Mexico is a priority market for Citi-that will not change. Citi has operated in Mexico for more than a century and the country will remain among Citi's top institutional markets outside of the U.S. Citi will continue to operate a locally licensed banking business in Mexico through its global Institutional Clients Group. New York – Citi today announced that it intends to exit the consumer, small business and middle-market banking operations of Citibanamex as part of its strategic refresh. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |