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History

Mergers and acquisitions have characterized the 98 years of Itaú Unibanco

1924
1943
1957
2006
2008
2011
2022
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1924

Unibanco was founded in 1924 by João Moreira Salles. At the time, the institution was named Casa Moreira Salles and aimed to serve as a financial center, as an extension of the family’s coffee business.

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1943

Itaú was founded in 1943 by Alfredo Egydio de Souza Aranha, under the name of Banco Central de Crédito.

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1957

The first equity fund is launched in Brazil by Itaú, pioneering the Asset Management industry in the country.

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2006

Start of operations in Chile with the acquisition of BankBoston’s Latin America units.

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2008

Merger of Itaú and Unibanco, creating the current Itaú Unibanco group, the largest Brazilian bank by market cap.

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2011

Creation of Itaú USA Asset Management Inc, based in New York and focused on Latin American Equities.

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2022

Integration of Portfolio Solutions team to Itaú USA Asset Management.

To find out more about Itaú’s history, please access Itaú Unibanco Investor Relations website here.