UNIBANCO

Brazil-based Itau Unibanco Holding SA (ITUB4.SA) is to focus more on its mobile app than its card-processing operations.

The following rating was assigned to Itaz Unibanco Holding S.A., Grand Cayman Branch:

Em 27 de setembro de 1924 foi fundado o banco Unibanco, terceiro maior grupo financeiro privado do Brasil.

Itau Unibanco Holding SA (ITUB) (NYSE: ITU), Brazil's largest private bank by assets, has said that it has agreed to buy a 49 percent stake in the local financing arm of France's Carrefour SA (CA.FR) retail chain, for nearly BRL725m (USD457m).

Clearstream clients will be able to develop post-trade links to Brazil, using the solution as their single point of access, using ItaA* Unibanco as their sub-custodian.

Itau Unibanco said in a securities filing on Tuesday that Bank of America agreed to sell all of its 188.42 million preferred shares of the Brazilian bank in a secondary offering.

Mizuho Corporate Bank ties up with Brazil banking group Itau Unibanco

* Unibanco. Unibanco and AIG entered into an agreement to repurchase their cross-holdings in Unibanco AIG.

The announcement of the union of Itau, the Setubal financial group, and Unibanco, long the property of the Moreira family, caught financial markets by surprise, even though the merger talks had been underway for almost a year.