1920
1930
FUSÃO
AQUISIÇÃO
Founded in
Poços de
Caldas,
state of
Minas
Gerais, Casa
Moreira
Salles, as
many
others of its
kind, starts
providing
informal
financial
services to
its clients.
1950
1924
Casa
Moreira
Salles
receives
the bank
charter
that
authorizes
its work as
banking
section.
Casa
Moreira
Salles
receives
another
bank
charter,
being
upgraded
to a
banking
firm.
1960
1970
1980
1966
1940
MERGER
between Casa
Moreira Salles,
Casa Bancária de
Botelhos e Banco
Machadense. All
together, they
form Banco
Moreira Salles.
1965
ACQUISITION of
Banco Juiz
de Fora.
In an operation
coordinated by
Banco Moreira
Salles, Walther
Moreira Salles
and his
partners
establish
Banco de
Investimentos
do Brasil.
2000
1990
2010
2020
1975
1967
1931
Late
1910s
1940
MERGER with
Banco Agrícola
Mercantil
(Agrimer). From
Rio Grande do
Sul, Agrimer was
established in
1938 and was
originated in
Caixa
Cooperativa
Santa-Cruzense,
from 1904. The
institution is then
called União de
Bancos
Brasileiros
(UBB). It has the
largest branch
network of Brazil
and more than a
million account
owners.
UBB adopts
the name
UNIBANCO.
3
1970
MERGER with
Banco Predial
do Estado do
Rio de Janeiro,
which brings a
more popular
profile to UBB.
FUSÕES
2000
1974
ACQUISITION:
UBB takes full
controlling
interest of
Bansulvest –
Banco de
Investimentos
S.A from Rio
Grande do Sul.
After that, it
becomes the
country’s largest
investment
bank.
1981
1991
1995
1998
ACQUISITION of
Banco
Mineiro
S.A.,
allowing an
increased
presence in
Minas
Gerais.
ACQUISITION of
Banco Pão
de Açúcar.
ACQUISITION of
Banco Nacional.
An operation as
never seen in
Brazil then, since
both institutions
were of similar
size and Banco
Nacional’s brand
was really
appreciated.
ACQUISITION of 51%
of Banco
Dibens’
shares.
ACQUISITION of
Credibanco, a
multi-service banking,
whose largest
shareholder was the
Bank of New York.
ACQUISITION of
Banco Bandeirantes,
which belonged to
Caixa Geral de
Depósitos, the largest
financial group in
Portugal.
2004
9
ACQUISITION of
Banco BNL
do Brasil,
which
belonged to
Banco
Nazionale
del Lavoro,
from Italy.
AQUISIÇÕES
2014
2009
MERGER
with Porto
Seguro.
Itaú Unibanco
and
CorpBanca
merge their
operations in
Chile and
Colombia.
Unibanco
2008
ITAÚ UNIBANCO MERGER
Itaú
AQUISIÇÃO E INCORPORAÇÃO
FUSÃO
1961
1970
ACQUISITION
of Banco
Paulista de
Comércio,
in a
consortium.
MERGER with MERGER with
Banco
Banco
Aliança.
Português
do Brasil.
1943
1952
Banco
Central de
Crédito is
established
in the city
of São
Paulo.
As required by
the Government
that had the
intention to
create the
Central Bank
and was trying
to avoid any
confusion
between names,
the institution
changes its
name to Banco
Federal de
Crédito.
1964
MERGER
with Banco
Itaú (from
Minas
Gerais).
Banco
Federal Itaú
formally
exists from
January 2nd
1965.
1966
MERGER with
Banco Sul
Americano. At
this moment,
the institution
is called Banco
Federal Itaú
Sulamericano.
Bankinvest –
Banco Federal
Itaú de
Investimentos –
is created.
1969
MERGER
with Banco
da
América,
creating
Banco Itaú
América.
1973
1974
1985
1995
1997
1998
2000
2001
2003 2006
MERGER with
the
heavyweight
Banco União
Comercial
(BUC). The
consolidation
of this
operation was
considered
effortful.
ACQUISITION
of Banco
Pinto de
Magalhães,
traditional
financial
institution in
Rio de
Janeiro.
ACQUISITION of
Banco
Francês
Brasileiro,
from whom
the brand
Personalité
is inherited.
ACQUISITION
of BANERJ,
at the first
privatization
auction of a
State Bank,
at Rio de
Janeiro Stock
Exchange.
ACQUISITION of
Bemge,
from Minas
Gerais,
another
privatized
state bank.
ACQUISITON of
Banestado
– Banco do
Estado do
Paraná – at
auction.
ACQUISITION of
BEG –
Banco do
Estado de 2002
Goiás – at MERGER
auction. with BBA,
creating
the
country’s
largest
wholesal
e bank.
ACQUISITION of
Banco
Fiat.
1999
The
MERGER
between
Itaú
Argentina
and Banco
del Buen
Ayre is
completed,
originating
Banco Itaú
Buen Ayre.
ACQUSITION
of
BankBoston’s
operations in
Brazil, Chile
and Uruguai.
It is
considered a
sizeable deal.
12
AQUISIÇÕES
E INCORPORAÇÕES
5
FUSÕES