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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. The institution was born with R$575 billion in assets, a net equity of around R$51.7 billion and a portfolio of combined credit of R$225.3 billion.
Banco Itaú began in 1945 under the name Banco Central de Crédito (Central Bank of Credit) and later changed its name to Banco Federal de Crédito (Federal Bank of Credit). In 1964, Banco Federal Itaú S.A. merged Banco Federal de Crédito and Banco Itaú, a rural bank belonging to a group originated in Itaú de Minas, in Minas Gerais state. [1]
Moody's Investors Service, ("Moody's") has today taken rating actions on 28 Brazilian banks, including the upgrade of the long-term foreign currency deposit ratings of 27 of them. The rating ...
Moody's Investors Service affirms ratings of Itau Unibanco (ITUB). Moreover, the ratings firm left outlook for the lender unchanged.
Banco Itaú Unibanco: São Paulo 67.8 6.6 525.2 63.7 Banking 3 160 Banco do Brasil: Brasília 42.0 3.8 368.4 34.5 Banking 4 181 Vale: Rio de Janeiro 41.8 7.8 91.5 55.4 Mining 5 223 Banco Bradesco: Osasco: 61.2 2.6 390.8 27.9 Banking 6 302 BTG Pactual: São Paulo 17.0 2.1 113.4 78.8 Financial services 7 652 Nubank: São Paulo 8.1 1.3 43.8 55.6 ...
Itaúsa is a Brazilian multinational conglomerate holding company headquartered in São Paulo, Brazil.It is one of the largest private conglomerates in Brazil, and one of the largest in the world. [2]
Itau Unibanco (ITUB) plans to bolster revenues by focusing on building its instant payments platform and attracting larger clients.
www.itau.cl Itaú Chile is a Chilean commercial bank that is the subsidiary of Brazilian Itaú Unibanco . As of 2023 [update] , the bank had 168 branches in Chile and 68 branches in Colombia.