Analysis: Is Brazil’s Itaú bank ready to compete with fintechs?

Analysts who attended Itaú's Investor Day event had different perspectives on what to expect from the initiatives of Brazil's largest private bank.

RIO DE JANEIRO, BRAZIL - Last week, Itaú Unibanco (ITUB4) held an Investor Day, delivering its main messages regarding the future, amid a very disruptive scenario for the banking sector. The signals were perceived as positive, with the bank seeking to convey an image of innovation and growth. However, analysts who attended the event had different perspectives on what to expect from the initiatives of Brazil's largest private bank.

Investment advisor Bradesco BBI pointed out that . . .

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