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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.
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]
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.
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The diversification of portfolio is done by investing in such securities which are inversely correlated to each other. Money is collected from investors by way of floating various collective investment schemes, e.g. mutual fund schemes. In general, an asset management company is a company that is engaged primarily in the business of investing ...
Itaú Securities is an American securities firm based in New York City, United States that is a subsidiary of Brazilian bank Itaú Unibanco.It is a broker dealer (est: 2002) that specialize in Brazilian securities for US institutional investors.
In time its headquarters moved to São Paulo, in the homonymous state, Brazil's largest financial center.Unibanco grew to be the third largest non-government bank in the country, largely due to the 1995 acquisition of Banco Nacional, which went bankrupt alongside other major financial houses during the national banking meltdown of the early years of the Real Plan.