{
  "id": 7843887,
  "title": "Por que o Itaú quer um banco completo nos EUA",
  "url": "https://urgent.news/2026/09/16/por-que-o-itau-quer-um-banco-completo-nos-eua",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-16T18:39:24.000Z",
  "source": {
    "name": "Brazil Journal",
    "slug": "brazil-journal",
    "url": "https://braziljournal.com/por-que-o-itau-quer-um-banco-completo-nos-eua/"
  },
  "original_language": "pt",
  "account": "Itaú aims to acquire a full-fledged bank in the US due to the growing demand for banking services from Latin America, particularly among their private and high-income customers. The CEO of Itaú USA, Percy Moreira, stated that more clients are becoming global, with residences abroad and children studying overseas, necessitating additional products and services. The bank already has an office in Miami since 2007, catering to non-residents through its private offering, which provides investment diversification in the foreign market. When the full bank license is granted, Itaú USA plans to launch checking accounts, credit and debit cards, credit lines—especially for real estate financing—and insurance offerings. Their target market includes Latin Americans with US$1 trillion invested offshore, with over half in the US, as well as current Miami-based Itaú clients needing comprehensive banking services. Itaú is not planning to open branches just yet, but will monitor the operation's progression. The company currently manages R$1.2 trillion in private assets, with R$864 billion in Brazil and R$336 billion offshore—75% in the US and the rest in Europe. Competitors like Bradesco, BTG Pactual, and Inter have already made moves to fill the niche, with Bradesco acquiring BAC Florida Bank in 2019 and BTG Pactual purchasing M.Y. Safra Bank in January, both operating with full banking licenses in the US. Nubank also received conditional approval for a national US bank but aims at the 100-150 million unbanked Americans. Executives attribute the increase in approvals to the Trump administration's facilitation of access for foreign competitors. For Moreira, Itaú's advantage lies in its scale and experience in the top-tier market, with about 30% share in Brazil's private and high-income markets. The CEO explained that they have a voice and a well-structured model replicable in the US, with loyal clients not only in Brazil but also in Chile, Uruguay, and Paraguay.",
  "summary": "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…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}