Brazil

[Brazil] - Brazilian banking giant Itaú Unibanco looks for exit from Argentina

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Ita Unibanco, a top-tier private bank from Brazil, is considering the sale of its Argentine branch and has entered preliminary talks with Banco Macro.On Tuesday (6), Ita Unibanco issued a statement addressing recent reports regarding the potential sale, noting that it has not yet signed any binding agreements pertaining to the process.Banco Macro, a leading private bank in Argentina with a comprehensive network of branches, caters to all market segments, ranging from individual clients to large-scale businesses across the country.In its own statement, Banco Macro confirmed the ongoing negotiations, stating, "Banco Macro is consistently assessing ..To read the full NEWS and much more, Subscribe to our Premium Membership Plan.
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