Itau Unibanco Holding ADR ITUB

Itau Unibanco Holding ADR is a company that specialises in various financial products and services for individuals and corporate organisations in Brazil and internationally. It was formed in 2008 following the merger of Banco Itau and Unibanco. The company offers retail banking, third-party asset management, capital markets solutions, brokerage, insurance, pensions and capitalisation, credit cards, vehicle finance, microcredit, commercial banking for large companies, management of excess capital, and more. The bank is a leading provider of financial services that contribute to the growth and expansion of many companies in Brazil. It is headquartered in Sao Paulo.

The company functions through three subsidiaries: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. The Retail Banking subsidiary offers products and services for both account holders and non-account holders’ companies and individuals. The Wholesale Banking Segment focuses on middle companies and also offers private banking to high-income clients.

The Itau Unibanco Holding ADR stock trades publicly on the NYSE under the ticker ITUB. It was the first Brazilian bank to have shares traded on the NYSE when it was first listed in 1997.

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