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By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s largest private bank, Itau Unibanco, announced on Saturday (October 8th) its purchase of Citibank’s retail operation in Brazil for R$710 million (approximately US$220 million). Citibank's retail operation in Brazil...
By Carlos Graffigna, Contributing Reporter RIO DE JANEIRO - The Brazilian banking system is not world-renowned for it's transparent efficiency, and when a foreigner is looking to get a mortgage here, the process can be daunting. The first question that...
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