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Brazilian banking giant Itaú Unibanco seeks exit from Argentina

Itaú Unibanco, a top-tier private bank from Brazil, is considering the sale of its Argentine branch and has entered preliminary talks with Banco Macro.

On Tuesday (6), Itaú Unibanco issued a statement addressing recent reports regarding the potential sale, noting that it has not yet signed any binding agreements pertaining to the process.

Banco Macro, a leading private bank in Argentina with a comprehensive network of branches, caters to all market segments, ranging from individual clients to large-scale businesses across the country.

In its own statement, Banco Macro confirmed the ongoing negotiations, stating, "Banco Macro is consistently assessing . . .

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