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In September 2006, Banco Itaú bought BankBoston's assets in Brazil, Chile, and Uruguay.. On November 4, 2008, Banco Itaú and Unibanco announced the merger that resulted in Banco Itaú Unibanco.
www.itau.com.br: Banco Itaú S.A. was a former Brazilian bank that merged with Unibanco on November 4, 2008, to form Banco Itaú Unibanco. History.
Banco Itau Paraguay S.A. was founded in 1978 as Interbanco SA. property of National Bank of Brazil. In 1995 was acquired by Unibanco Group. In 1995 was acquired by Unibanco Group. As a result of the merger between Unibanco and Banco Itaú in 2008, was renamed Banco Itaú Paraguay S.A in 2010.
Rank Bank name Total assets (2023) (US$ Billion) 1 Itaú Unibanco: 439.50 2 Banco do Brasil: 379.78 3 Banco Bradesco: 340.41 4 Caixa Econômica Federal: 300.63 5 Santander Brasil
Itaúsa is a Brazilian multinational conglomerate holding company headquartered in São Paulo, Brazil.It is one of the largest private conglomerates in Brazil and in the world. [2]
Since the acquisition, the shareholders defined a new strategy; restructuring and repositioning its business in order to compete with Chile's leading institutions. To promote growth, the controlling group redefined the Bank's objectives making its target market personal financing and developing products for the middle-income population and small and medium-sized companies.
Salles has been unofficially involved with Unibanco since birth, since the bank was headed for several decades by his father, the late Walter Moreira Salles.Pedro joined Unibanco in 1989 and became chairman in 1997, after serving as vice chairman for almost six years.
Banco Itaú Chile was one of the largest Chilean banks and a subsidiary of Brazilian bank Itaú Unibanco, was founded in 2006, as Bank Boston in Chile.Itaú Unibanco boughtin 2006 the Bank Boston's operation and changed its brand to Itaú.