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Citigroup in ‘initial discussions’ to sell Mexico business – CFO
Abstract：NEW YORK (Reuters) – Citigroup Inc is having “initial discussions” with possible buyers of its Mexico consumer banking business, Chief Financial Officer Mark Mason said on Thursday.
div classBodysc17zpet90 cdBBJodivpNEW YORK Reuters – Citigroup Inc is having “initial discussions” with possible buyers of its Mexico consumer banking business, Chief Financial Officer Mark Mason said on Thursday.p
pMason added that recent geopolitical events could make the franchise more appealing to others than in January when Citi announced its intention to dispose of Citibanamex.pdivdivdiv classBodysc17zpet90 cdBBJodiv
pSpeaking to reporters after the bank posted quarterly results, Mason said the exit process is complex and could still include an initial public offering.p
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