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"We have a very strong share of the banking system in Brazil and now we should look beyond Brazils borders more"
Roberto Setúbal, Itaú Unibanco |
Roberto Setúbal, chief executive of Itaú Unibanco, has never been shy about showing his ambition. Following the acquisition of Unibanco in November, he is already thinking about his next move and this time it might be cross-border.
"Since our merger with Unibanco, we believe that the next step will be a more international move, not just a local step. We have a very strong share of the banking system in Brazil and now we should look beyond Brazils borders more," says Setúbal.
"Itaú is present in the Mercosur countries [Argentina, Brazil, Paraguay and Uruguay] already but we want to be a regional bank," he adds. "However, despite the...