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Itau Co-Chairman Roberto Setubal said the bank is prepared to adapt to stronger competition from financial technology companies, or fintechs. UPDATE 1-Brazil's Itau Unibanco looks to keep costs ...
Brazil's biggest lender Itau Unibanco Holding SA has lured 10 million consumers to its digital bank iti, tripling its client base since January, a bank executive said in an interview on Wednesday.
The new bank had 4,800 branches and service branches, representing 18% of Brazil's banking network, and 14.5 million account holders (18% of the market). In terms of credit volume, it represented 19% of the Brazilian system and in total deposits, funds and managed portfolios, 21% by 2008.
Pedro Moreira Salles (born October 20, 1959) is a Brazilian billionaire businessman, banker, and the chairman of Itaú Unibanco, founded by his father Walter Moreira Salles, and the largest non-government banking institution in Brazil.
In 2002, Banco Itaú joined with Banco BBA-Creditanstalt S.A. (BBA) to create, in 2003, Banco Itaú-BBA, the largest wholesale bank in Brazil. In the 2000s (decade), it continued to acquire banks. In 2002, it acquired Banco Fiat, together with all of Fiat's auto financing activities. In 2004, it opened a branch in Tokyo.
Brazilian bank Itau Unibanco on Monday launched a cryptocurrency trading service for clients of its investment platform, making the nation's largest lender the latest local player to enter the ...
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 ] The company controls several companies active in areas such as finance , real estate , industrial , health , chemical , and fashion .
Brazil's largest lender Itau Unibanco Holding SA has laid off at least 130 employees in its car loan unit, according to a statement by a bank employees union on its website. The union added Itau ...