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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.

The opening in Chicago's Pilsen neighborhood bucks a trend as banks have been shuttering locations in a bid to cut costs as consumers conduct more transactions online.

Inside the careers, accomplishments, and clients of Goldman's new heads of investment banking: Kim Posnett, Matt McClure, and ...