Itau-Unibanco Surveys LatAm Options

Itau-Unibanco Surveys LatAm Options

M&A

Itau Unibanco is on the expansion trail in LatAm, following last year’s merger that made it one of the biggest banks in the world. “We are not targeting any specific country, but clearly Mexico, Colombia, Peru are attractive,” says Itau Unibanco president Roberto Setubal, asked which new LatAm markets the bank is eyeing. He adds that Brazil’s biggest bank also aims to bolster existing operations in Chile and Argentina. “We would like to have a more intense presence in those markets,” says Setuba

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