Itaú Unibanco
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|
| Sociedade Anônima | |
| Traded as | BM&F Bovespa: ITUB3, ITUB4 NYSE: ITUB |
| Industry | Banking, Financial services |
| Predecessor | Banco Itaú Unibanco |
| Founded | 2008 |
| Headquarters | São Paulo, Brazil |
|
Area served
|
Worldwide |
|
Key people
|
Roberto Egydio Setubal, (CEO) Pedro Moreira Salles, (Chairman) |
| Products | Banking Investment banking Private equity Asset Management Private banking Insurance Retail Banking Credit cards |
| Revenue |  US$ 56.1 billion (2014)[1] |
| US$ 8.1 billion (2014) [2] |
|
| Total assets | US$ 419.4 billion (2014) [3] |
|
Number of employees
|
95,700 |
| Parent | Itaúsa |
| Subsidiaries | Rede Itaú CorpBanca Banco Itaú Argentina Banco Itaú Paraguay Banco Itaú Uruguay Banco Itaú Chile |
| Slogan | "Feito para você :-)" (Portuguese: "Made for you :-)") |
| Website | Itauunibancoir.com |
Itaú Unibanco is a Brazilian publicly quoted bank with headquarters in São Paulo, Brazil. The bank is the result of the merger of Banco Itaú and Unibanco, which occurred on November 4, 2008 to form Itaú 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 its listed at the BM&F Bovespa in São Paulo and in NYSE in New York. Currently is the second biggest Brazilian bank by assets, after Banco do Brasil.
Itaú Unibanco owns Rede, the second largest Brazilian card payment company. Itaú 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 the United Kingdom, Luxembourg and Portugal in Europe, United States, Japan, China, Hong Kong and United Arab Emirates in Asia. It is the most important subsidiary of Investimentos Itaúsa, 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, Itaú Unibanco and insurance company Porto Seguro disclosed that they had entered into an alliance.[4]
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 Itaú Unibanco's branch network in Brazil and Uruguay (“Alliance”). Currently the bank has over 32,956 service points being 4.495 bank branches and 27.981 ATMs in Brazil and in the world.
Recent news
In June 2013, the bank agreed to buy Citibank Uruguay’s retail banking operations.[5]
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See also
List of companies paying monthly dividends
References
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Itaú Unibanco 2011 net income R$ 14.6/US$8.4Billion with R$1.00 = USD 0.53 in 31/12/2011
- ↑ Itaú Unibanco 2011 Total assets of R$ 851.3/ US$492.0 Billion, with R$1.00 = USD 0.53 in 31/12/2011
- ↑ Lua error in package.lua at line 80: module 'strict' not found.[dead link]
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
External links
- Itaú International Global Website
- (Portuguese) Banco Itaú Brazilian Website
- (Spanish) Banco Itaú del Buen Ayre Argentine Website
- (Portuguese) Itaú Unibanco Holding S.A. Investor Relations Brazilian Website
- Articles with dead external links from September 2010
- Articles with Portuguese-language external links
- Articles with Spanish-language external links
- Articles containing potentially dated statements from January 2022
- Articles with invalid date parameter in template
- Interlanguage link template link number
- Itaú Unibanco
- Companies listed on the New York Stock Exchange
