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On CNBC’s “Halftime Report Final Trades,” Jim Lebenthal, partner at Cerity Partners, picked Citigroup Inc. (NYSE:C).
The bank is planning an initial public offering (IPO) of its Mexican retail banking unit, Banco Nacional de México (Banamex), sometime in 2026. Citigroup has already agreed to sell a 49% stake to investors, including Fernando Chico Pardo, ahead of a full IPO on the Mexican Stock Exchange (BMV).
Meanwhile, Citibank, N.A. — the consumer banking division of Citigroup — announced plans to close all UAE branches except one due to the threat from Iran.
Bryn Talkington, managing partner of Requisite Capital Management, named Goldman Sachs Nasdaq-100 Premium …
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