Itaú Unibanco Holding Net Worth is$91.2 B
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ItaA? Unibanco is a Brazilian publicly quoted bank with headquarters in SA?o Paulo, Brazil. The bank is the result of the merger of Banco ItaA? and Unibanco, which occurred on November 4, 2008 to form ItaA? Unibanco Holding S.A, the largest financial conglomerate in the Southern Hemisphere and is the 10th largest bank in the world by market value. The bank ist listed at the BM&F Bovespa in SA?o Paulo and in NYSE in New York. Currently is the second biggest Brazilian bank by assets, after Banco do Brasil.
ItaA? Unibanco owns the Redecard, the second largest Brazilian card payment company. ItaA? Unibanco accounts for about 11% of the Brazilian market for retail banking services. It has operations in Argentina, Chile, Paraguay and Uruguay in South America, as well as in England, Luxembourg and Portugal in Europe, USA, Japan, China, Hong Kong and UAE in Asia. It is the most important subsidiary of Investimentos ItaA?sa, a large conglomerate that ranks among Fortune magazine's top 500 corporations in the world. The bank has offices in Asuncion, Buenos Aires, Cayman Islands, Dubai, Hong Kong, Lisbon, London, Luxembourg, Montevideo, Nassau, New York, Santiago, Shanghai and Tokyo On August 22, 2009, ItaA? Unibanco and insurance company Porto Seguro disclosed that they had entered into an alliance.
The alliance aims to combine their residential and automobile insurance operations and includes an Operating Agreement under which the alliance will have exclusive access to offer and distribute homeowner and auto insurance products to clients of ItaA? Unibanco's branch network in Brazil and Uruguay (a??Alliancea??). Currently the bank has over 5,000 bank branches and ATMs in Brazil and in the world.
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Itaú Unibanco Holding Latest News

Itau Unibanco of Brazil to Shut Down 400 Branches

As a large number of financial transactions shift to digital platforms, Brazil-based Itau Unibanco Holding S.A.ITUB plans to close 400 branches in the country over the next two years, reported Reuters ...
Posted: May 14, 2019, 6:08 pm

Brazil's Itau Unibanco meets estimates for Q1 profit

SAO PAULO, May 2 (Reuters) - Brazil’s largest private-sector lender Itau Unibanco Holding SA posted a first-quarter recurring profit of 6.87 billion reais ($1.73 billion) on Thursday, up 7.1 percent ...
Posted: May 2, 2019, 3:31 pm

Brazil's Itau Unibanco to launch new payments app using QR code

SAO PAULO (Reuters) - Brazil’s largest private-sector lender, Itaú Unibanco Holding SA, will launch an instant payments platform by the third quarter that uses QR codes, adding fuel to the fierce ...
Posted: May 13, 2019, 10:01 am
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