Citigroup Inc. is planning to exit retail-banking operations in Mexico — where it has its largest branch network in the world — as part of Chief Executive Officer Jane Fraser’s continued push to overhaul the firm’s strategy.
The lender will keep its institutional businesses in the country, according to a filing Tuesday. The exit could ultimately take the form of a sale or a public-market alternative, and will be subject to regulatory approval, Citigroup said.
Three Questions Every CEO Should Ask Before Any Brand Project
By Gaurav Sodhi, Bridging Gap | Brand Strategy | 5-minute read Introduction: Why Most Brand Projects Fail Before They Begin
