BusinessCitigroup nears Mexican consumer bank spinoff, WSJ reports December 1, 2024 - by Admin MK - Leave a Comment The logo of Banamex bank is on a branch in Mexico City, Mexico, November 17, 2017. REUTERS/Henry Romero/File Photo Purchase Licensing Rights, opens new tab Nov 29 (Reuters) – Citigroup (C.N), opens new tab 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.