Itaú Unibanco is betting that years of tech upgrades and wider use of artificial intelligence let it grow faster without needing to add much extra cost. But that upside may hinge on how Brazil’s economy and politics unfold, and whether tougher competition or shifts in government-backed programs squeeze lending profits.Read more
Itaú Unibanco is betting that its shift to a single, app-first banking experience will make it cheaper to run and harder for customers to leave, even when Brazil’s economy turns choppy. But the same digital wave that helps it grow could also squeeze key fees and invite tougher competition from fintechs and new rules.Read more
Catalysts About Itaú Unibanco Holding Itaú Unibanco Holding is a large Latin American financial group focused on retail, wholesale and wealth management banking, as well as insurance and payments. What are the underlying business or industry changes driving this perspective?Read more
Itaú Unibanco Holding S.A. provides various financial products and services to personal and corporate customers in Brazil and internationally. It operates through three segments: Retail Business, Wholesale Business and Activities with the Market + Corporation. The company offers current accounts; funds management; payments and collections; loans; credit and debit cards; investment and commercial banking services; real estate lending and financing services; economic, financial and brokerage advisory; and leasing and foreign exchange services. The company also provides non-life insurance products covering loss, damage, or liability for objects or people, as well as life insurance products covering death and personal accidents. It serves retail customers, account and non-account holders, individuals and legal entities, high income clients, microenterprises, and small companies, as well as middle-market companies and high net worth institutional clients. The company was formerly known as Itaú Unibanco Banco Múltiplo S.A. and changed its name to Itaú Unibanco Holding S.A. in April 2009. The company was incorporated in 1924 and is headquartered in São Paulo, Brazil. Itaú Unibanco Holding S.A. is a subsidiary of IUPAR - Itaú Unibanco Participações S.A.
