Itaú names Safra fund manager as global CIO for private banking area

Nicholas McCarthy will be based in Sao Paulo and oversee strategy for asset allocation and the investment-advisory business for wealthy Latin American individuals.

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Itau BBA hires Mexico CEO with plan to open broker-dealer

Banco Itau hired Alberto Mulas, Mexico’s first national housing commissioner, to lead the firm’s corporate and investment-banking expansion there.

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