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UNIBANCOUnião dos Bancos Brasileiros SA (Brazilian bank)
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7 May 2013 a[euro]" Brazilian lender Banco Bradesco SA (NYSE:BBDO) has decided not to pursue an acquisition of Citigroup Inc's (NYSE:C) Brazilian consumer finance unit Credicard, leaving Itau Unibanco Holding SA (NYSE:ITUB) the principal bidder for the business, the O Estado de S Paulo reported, quoting insiders.
8 March 2012 - Brazilian lender Itau Unibanco (SAO:ITUB3) said yesterday it was pushing ahead with its Latin American expansion after obtaining the nod of the Colombian financial regulator to market its products and services in the country.
Unibanco has lost ground in recent years to more acquisitive foreign banks like Spain's Banco Santander Central Hispano and Dutch bank ABN AMRO in Brazil.
Brazilian lender, Itau Unibanco (NYSE: ITUB), has posted net income of BRL4.
Country: UruguaySector: Banking/Financial ServicesTarget: Citi's Uruguayan retail banking businessBuyer: Itau Unibanco Holding SA Vendor: Citigroup Inc Type: Corporate acquisitionStatus: Speculation
30 November 2011 - Itau Unibanco Holding (SAO:ITUB3) expects lower loan delinquencies in 2012 as a result of stricter risk controls, the Brazilian private-sector bank's chief executive Roberto Egydio Setubal told investors on Tuesday.
At the same time, Fitch has withdrawn the ratings of Unibanco - Uniao de Bancos Brasileiros S.
Itau Unibanco (BVMF: ITUB) of Brazil has decided to sell its high risk corporate insurance unit, according to a Reuters report.
Country: , BrazilSector: Banking/Financial ServicesTarget: CETIP SABuyer: IntercontinentalExchange IncVendor: Itau Unibanco Holding SA, Advent International Corporation Deal size in USD: 512mType: StakebuildingFinancing: Cash & Debt, Existing resourcesStatus: AgreedBuyer advisor: Goldman Sachs Group Inc, Broadhaven Capital Partners LLC
BANKING AND CREDIT NEWS-July 7, 2011--JPMorgan, C Suisse, Itau Unibanco, Banco Bradesco to run Abril Educacao IPO(C)2011 M2 COMMUNICATIONS http://www.
Unibanco is one of Brazil's leading banks with nearly US$24 billion in assets.
MINNEAPOLIS -- MoneyGram International (NYSE:MGI), a leading global money transfer provider, announced today a new multi-year contract with ItaA Unibanco (NYSE:ITUB), one of the largest financial institutions in the world and Brazil's largest private-sector bank, that will add 1,000 MoneyGram agent locations in Brazil, bringing money transfer services to the bank's network of nearly 5,000 locations.