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Itaú Unibanco Holding S.A.: Brazilian Central Bank approves XParts spin-off

Itaú Unibanco Holding S.A.: Brazilian Central Bank approves XParts spin-off
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

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Material Fact: Constitution of XPart with favorable regulatory manifestation by the FED

/PRNewswire/ In accordance with paragraph 4 of Article 157 of Law No. 6,404/1976 and CVM Instruction No. 358/02, Itaú Unibanco Holding S.A ("Itaú Unibanco". ....

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Material Fact - Corporate restructuring related to Itaú's equity interest in XP Inc.'s capital stock

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SÃO PAULO, Jan. 31, 2021 /PRNewswire/ In accordance with paragraph 4 of Article 157 of Law No. 6404/1976 and CVM Instruction No. 358,02, Itaú Unibanco Holding S.A ( Itaú Unibanco or Company ) informs its stockholders and the general market that, in line with the Material Facts disclosed on November 3 and 26 and December 31, 2020, as of today, January 31, 2021, the Extraordinary General Stockholders Meeting ( ESM ) was held and approved the proposal for the corporate restructuring aimed at segregating the Itaú Unibanco Conglomerate s business line in connection with the equity interest in XP Inc. ( XP ), a company incorporated in the Cayman Islands and listed on Nasdaq, represented by two hundred twenty-six million, five hundred twenty-three thousand, three hundred and four (226,523,304) shares issued by XP, equivalent, as of September 30, 2020, to 41.05% of the capital of the latter, to be transferred to a new company to be na ....

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Itaú Unibanco Holding S.A. Announcement to the Market

André Rodrigues will be responsible for the Retail Bank (
Itaú Agencias, Itaú Uniclass, Personnalité, Companies, Branches Network, Individual and SME Products, CRM, Digital Channels and User Experience), Insurance and SME Loans.
André Sapoznik will be responsible for the new Payments structure, covering Credit Cards, Rede, iti and Cash Management. André will remain responsible for Operations and Customer Services and will also be in charge of Marketing.
Carlos Constantini will be responsible for WMS (Wealth Management and Services), which comprises the areas of Asset Management, Funds of Funds, Private Global and vertical of Investments, Investment Products and Investment Services and Operations. ....

United States , Matias Granata , Alexsandro Broedel , Ricardo Guerra , Companhia Aberta , Flavio Souza , Alexandre Zancani , Sergio Fajerman , Milton Maluhy Filho , Leila Melo , Carlos Constantini , Milton Maluhy , Candido Bracher , Branches Network , Customer Services , Retail Bank Ita , Investment Bank , Group Executive , Investment Services , Unibanco Or Company , Unibanco Holding , Unibanco Holding Sa Ita , Chief Executive Officer , Executive Committee , Auto Loans , Digital Customer Acquisition ,