Bank Boston Brazil

Bank Boston Brazil in Brief
In April 2006, Itaú purchased the Brazilian operations of BankBoston, a subsidiary that Bank of America acquired with its purchase of FleetBoston. This increased Itaú’s clients by 300,000 and assets by R$22 billion. In return, Bank of America took about a 6% stake in Itaú. Bank Boston Brazil had been founded in 1947. With the purchase, the BankBoston name disapppeared from Brazil as Bank of America retained the rights to the name. Itaú also received exclusive rights to purchase BankBoston’s operations in Chile and Uruguay. In late 2006, it exercised these rights, and in late 2006 and early 2007, it received the necessary regulatory approvals. These two operations became Itaú Chile and Itaú Uruguay.

You can contact with Bank Boston Brazil at Adresă :

Headquaters of Itau Bank  in Brazil
Praça Alfredo Egydio de Souza
Aranha 100
Torre Olavo Setúbal
São Paulo, SP 04344-902
Brazil
Phone: 55 11 5019 8421
Fax: 55 11 5019 1916
Website: Itauunibancoir.com