Itaú Unibanco

Banco Itaú Unibanco S.A. is a Brazilian financial services company headquartered in São Paulo, Brazil. Itaú Unibanco was formed through the merger of Banco Itaú and Unibanco in 2008. It is the largest banking institution in Brazil, as well as the largest in Latin America, and the seventy-third largest bank in the world. The bank is listed on the B3 in São Paulo and in NYSE in New York.

Itaú Unibanco S.A.
Company typeSociedade Anônima
Traded as
B3: ITUB3, ITUB4
NYSE: ITUB
IndustryBanking, Financial services
PredecessorBanco Itaú
Unibanco
Founded4 November 2008 (2008-11-04)
HeadquartersSão Paulo, São Paulo, Brazil
Area served
Worldwide
Key people
  • Milton Maluhy Filho (CEO)
  • Pedro Moreira Salles (Chairman)
  • Giancarlo Moreira (CFO)
ProductsInvestment banking
Retail Banking
Credit cards
Revenue US$ 32.3 billion (2023)
Net income
US$ 7.5 billion (2023)
Total assets US$ 526.0 billion (2023)
Number of employees
99,600
ParentItaúsa
SubsidiariesItaú CorpBanca
Itaú Paraguay
Itaú Uruguay
Rede
Hiper
Credicard
Websitewww.itau.com.br
Footnotes / references

Itaú Unibanco has operations in Brazil, Chile, Colombia, Panama, Paraguay, United States and Uruguay in the Americas, as well as in Luxembourg, Portugal, Switzerland and the United Kingdom in Europe; China, Hong Kong, Japan and United Arab Emirates in Asia. It has over 33,000 service points globally, including 4,335 branches in Brazil and 55 million customers globally.

Itaúsa, a large Brazilian conglomerate ranking among Fortune magazine's top 500 corporations in the world, serves as the parent company. Outside Brazil, Itaú Unibanco has offices in Asunción, Buenos Aires, Cayman Islands, Dubai, Hong Kong, Lisbon, London, Luxembourg, Montevideo, Nassau, New York, Miami, Santiago, Shanghai, Tokyo, and Zürich.

In 2022, Itaú was considered the most valuable brand in Brazil.

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