Citi Restructures Mexico Operations, Setting 93% of Staff on Path to IPO
21 days ago
In a bold move to streamline operations and unlock potential value, Citigroup is distributing its Mexico business, with 93% of its employees being prepared to join a newly established entity that is expected to go public. This strategic realignment signifies Citi's intent to strengthen its footprint in the growing Mexican financial market while addressing global financial drivers.
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Canaccord Cuts: Fixed Income and Emerging Markets Team Closure in the US
3 months ago
In a surprise for the financial industry, Canaccord Genuity Group Inc. decided to break up its U.S.-based fixed income and emerging markets division. The move suggests an overview of the strategic steps that the company has undergone with respect to shifting market environments and current shifting priorities in business.
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