The bank is the result of the merger of Banco Itaú and Unibanco, which occurred on November 4,2008 to form Itaú Unibanco Holding S.A, the largest financial conglomerate in the Southern Hemisphere and is the 10th largest bank in the world by market value.
The bank is the result of the merger of Banco Itaú and Unibanco. The merger of Banco Itaú and Unibanco occurred on November 4,2008. This was to form Itaú Unibanco Holding S.A. The merger of Banco Itaú and Unibanco is the 10th largest bank in the world by market value. Itaú Unibanco Holding S.A was the largest financial conglomerate in the Southern Hemisphere.