The world has become a place were the financial sector is dominant. The top banks fund a wide array of sporting events all over the world, demonstrating their power and influence. Igor Cornelsen has highlighted one of these emerging powers: Brazilian Bank Itaú Unibanco Holding.
“Itau Unibanco Holding Merger”
When planning on investing in Brazil, you should understand the banking sector, according to Igor Cornelsen during his CNBC interview in April 2016. Itaú Unibanco Holding on http://igorcornelsen.brandyourself.com/ is the largest Brazilian bank and is ranked as the 13th-largest on Forbes top global banks list. The bank was formed from the November 4, 2008 merger of Itau and Unibanco. Interestingly enough, while the top US and UK banks were being “bailed out,” the Brazil banking sector was engaged in healthy mergers according to Igor Cornelsen.
Headquartered in São Paulo, Itaú Unibanco Holding controls the second-largest credit card payment company – Rede – and accounts for 11% of the Brazil retail banking market. The bank at http://www.findthebest.com/profile/419852/igorcornelsen has operations in the United States, United Kingdom, Portugal, Argentina and Japan. In 2014, the bank had more than 32,956 service points around the world.
“Gauge Overall Brazil Economy Through Banks”
Itaú Unibanco Holding also covers investment banking, asset management, private equity and insurance according to Igor Cornelsen. It might be the best financial investment of the overall well-being of the Brazilian economy. Igor Cornelsen listed Itaú Unibanco Holding, along with the other top 10 Brazilian banks, in order to help investors better understand the country.
If a financial portfolio manager wants to reduce exposure to Anglo banks, then Brazil banks might offer a safe alternative. Mr. Igor Cornelsen encouraged investors to understand the intricacies of the nation’s banking sector in order to understand Brazil.