Citigroup CEO says Mexico IPO is best for shareholders, other sales going well
/cloudfront-us-east-2.images.arcpublishing.com/reuters/SQJ67APNKZOMTMD3VA2EZGQUFA.jpg "Citigroup CEO says Mexico IPO is best for shareholders, other sales going well")
NEW YORK, June 2 (Reuters) – Citigroup Inc (C.N) CEO Jane Fraser said scrapping the sale of its Mexican retail business, known as Banamex, and pursuing an initial public offering (IPO) was in the best interest of shareholders. “We acted decisively, we acted very swiftly and we said ‘okay, we’re gonna go down the IPO … [Read more…]