After 44 years of operations in Argentina, Itaú has announced the sale of its operations in the country amidst an economic crisis, high inflation, and changes in the political landscape with the upcoming presidential elections.
On August 23, in an official statement, the institution reported the sale of its shares in Argentina to Banco Macro for R$250 million (US$50 million).
Banco Itaú Unibanco S.A. is a Brazilian financial services company headquartered in São Paulo, the largest in Latin America and the seventy-first largest. . .
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