Itaú's asset
Itaú

@itau.com.br

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About

Description

Itaú Unibanco is a Brazilian financial services company headquartered in São Paulo, Brazil. Itaú was formed in 2008 through the merger of the two largest banks in Brazil, Banco Itaú and Unibanco, resulting in the creation of the largest financial institution in the Southern Hemisphere. Banco Itaú was established in 1945 and focused primarily on providing banking services to individuals and small businesses.


Unibanco, on the other hand, was founded in 1924 and had a strong presence in corporate and investment banking. The merger between the two banks brought together their complementary strengths and created a well-rounded financial institution capable of serving a wide range of customers. Itaú's headquarters is located in the Itaim Bibi neighborhood of São Paulo, Brazil.


The building is known as the Itaúsa Tower and it houses the executive offices of the bank. The tower is a symbol of the bank's prominence in the Brazilian financial sector. Itaú offers a comprehensive range of financial products and services to its customers.


These include retail banking, corporate banking, investment banking, asset management, insurance, and credit cards. The bank operates a vast network of branches and ATMs throughout Brazil, making it easily accessible to customers throughout the country. On a global scale, Itaú has a presence in more than 20 countries, including branches and subsidiaries in the United States, Europe, and Asia.


It has established strategic partnerships and joint ventures with other financial institutions to expand its international reach. One notable subsidiary of Itaú is Itaú BBA, which focuses on investment banking activities and has gained recognition as a leading player in the sector. Itaú Unibanco is one of the largest banks in the world by market capitalization and is consistently ranked among the top financial institutions in terms of assets.


Its strong market position is a result of its customer-centric approach, innovative product offerings, and commitment to delivering excellent financial services. In recent years, Itaú has made significant investments in technology to enhance the customer experience and improve operational efficiency. The bank has also emphasized its commitment to sustainability and has implemented various initiatives to support environmental and social causes.


As of the latest information available, Itaú Unibanco continues to be a leading financial institution in Brazil and maintains a strong global presence. It is recognized for its financial strength and customer-focused approach, positioning it as a key player in the competitive global banking industry

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Privately Held

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10,001+

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