The Sao Paulo-based bank said that the deal will create the leading investment bank in Latin America.
William Blair enters Latam
The Chicago-based investment bank and asset management has opened a new office in Sao Paulo, Brazil, expanding firm's reach to Latin America.
Itaú keen on additional Latin American expansion
Roberto Setúbal, Itaú's President, said the second-largest Brazilian bank is keen on growing its business in Chile and in other Latin American countries and is considering acquisitions.
RBC to close Uruguay office
The decision is part of a strategic review of the Latin American business, said Aishling Cullen, a spokeswoman for the Toronto-based company.
Felipe Godard appointed new Head of Deutsche Wealth Management Latin America
He will be based in Geneva, Switzerland and will report to Haig Ariyan and Chip Packard, Co-Heads of Wealth Management, Americas.
Gonzalo Binello will move to London to take up a new role in Schroders
In February, Gonzalo Binello, the Head of Distribution Latin America (ex-Brazil) of Schroders, will move to London to take up a new role in the Global Financial Institution Group (GFIG).
BBVA may sell Latam pension businesses
Spain's No.2 bank BBVA may sell its Latin American pension fund businesses, joining the ranks of banks looking to shed operations outside their main markets to reduce risks and meet tougher capital rules.
Santander sells 50% of fund unit to Warburg, General Atlantic
The business was valued at about EUR2 billion, or nearly USD2.7 billion.
Former Tanner manager Claudio González opens family office
González created GH Capital Invest with a target of reaching USD20 million AUM in six months of operations with private clients and companies.