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In return, Bank of America took about a 6% stake in Banco Itaú. BankBoston do Brazil had been founded in 1947. With the purchase, the BankBoston name disappeared from Brazil as Bank of America retained the rights to the name. Banco Itaú also received exclusive rights to purchase BankBoston's operations in Chile and Uruguay. In late 2006, it ...
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.
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. [1]
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. In September 2011 Banco Itaú Chile announced the purchase of operations of British bank HSBC in Chile. [1]
Macro BMA was an Argentine banking entity owned by Banco Macro between November 2023 and November 2024. It was a successor to the Argentine subsidiary of the Brazilian Itaú bank, created on November 4, 2023, one day after the Argentine Central Bank authorized Grupo Macro to acquire the aforementioned subsidiary.
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]
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. Itaú Corpbanca is headquartered in Santiago and has offices in Lima , Madrid , Miami and New York City .
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 ...