trending Market Intelligence /marketintelligence/en/news-insights/trending/xkfrivwe6ukpajadovdxlg2 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Report: Citi, Itaú days from sealing deal for Brazilian retail banking ops

Municipal-Run Fiber Tops 280000 Subscribers In 2018

The Essential Conference 2019 Highlight Reel

Mobile Payment Apps Driving Fintech Frenzy In India

Street Talk Episode 42: Banks losing consumer deposits to fintech, digital platforms, commercial might be next


Report: Citi, Itaú days from sealing deal for Brazilian retail banking ops

Citigroup Inc.will likely seal an agreement to sellits Brazilian consumer banking operations to Itaú Unibanco Holding SA within days, Valor Econômico reported Oct. 5, citing threesources familiar with the negotiations.

The purportedly imminent deal follows reports in late Septemberclaiming Itaú had entered into exclusivetalks for the Brazilian operations, which includes , after outbidding .

Citi announced its intention to divest its consumer banking operationsin Brazil, as well as in Argentina and Colombia, in February. Spain-based Banco Santander SA reportedly is in exclusive negotiationsto acquire Citi's operations in Argentina, where it operates through , while Canada'sBank of Nova Scotia issaid to be leading bids to acquire the Colombian retail business.