Brazil’s Itaú eyes Citigroup’s Latin American operations

An acquisition of Citi's chain of banks in Latin America would help Itaú reduce its dependence on Brazil, acknowledged the firm's Ricardo Villela Marino, head of Latam operations.

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Itaú shopping for private-banking operations in Argentina and Mexico

Argentina and Mexico are the markets Itaú is considering for expansion, according to Ricardo Villela Marino, executive vice president and board member of the Brazilian behemoth.

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