BUSINESS Brazil’s Itaú sells Argentine unit for US$50 million to Banco Macro 25-08-2023 12:59 Itaú Unibanco Holding SA closes binding agreement for the sale of its Argentine unit to Banco Macro for around US$50 million.
BANKING & BUSINESS Banco Itaú in ‘preliminary’ talks to sell Argentine arm to Banco Macro 06-06-2023 12:07 Banco Itaú, one of the largest banks in Latin America, is considering closing its operations in Argentina; Statement confirms “preliminary negotiations” with Argentina’s Banco Macro.
BLOOMBERG Dollar bonds yielding 0% are minting money for Argentine banks 13-05-2022 16:14 Banks have latched on to a lucrative trade that produces all-but-guaranteed profits while also allowing local corporations to sell dollar bonds paying coupons as low as zero percent.