The separation of Citi’s highly profitable, yet scandal-plagued Mexican unit comes as the banking giant prepares for an IPO of its retail banking business in Mexico.

Citigroup Inc and Bank of America Corp said they are leaving a global climate-banking group, becoming the latest Wall Street lenders to exit the coalition in the past month. In a statement, Citigroup ...

Parsons used that experience to negotiate a way for New York-based Citigroup to avoid the bankruptcy fate of Lehman Brothers Holdings Inc. The government took a financial stake in the bank and in ...

AgroGalaxy Participacoes SA, a Brazilian agricultural supplies retailer that sought creditor protection last year, plunged the most in more than a month as its third-quarter loss widened because of ...