Why Itaú wants a full bank in the US
O Itaú obteve em agosto uma aprovação condicional do regulador americano para ter um banco nacional nos EUA – o primeiro passo para montar uma operação que busca atender uma demanda crescente da América Latina por serviços bancários naquele país. É um clube cada vez mais crowded. “Mais clientes, não só os do private, estão […] The post Por que o Itaú quer um banco completo nos EUA appeared first…
Itaú has obtained conditional approval from the US regulator to establish a national bank in the US, a first step towards offering banking services to meet growing demand from Latin America. The bank currently has an office in Miami, which serves non-residents with private banking services, mainly for investment diversification.
Once the full banking license is granted, Itaú USA plans to launch current accounts, credit and debit cards, credit lines, and insurance. The target market includes Latin American private bank clients with $1 trillion invested offshore, mostly in the US, and current Itaú Miami clients seeking full banking services.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
