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	<title>Stock Blog Hub &#187; Itau Unibanco Holding Sa</title>
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		<title>(EU) Foreign Banks Stock Update &#8211; March 2012 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2012/02/29/eu-foreign-banks-stock-update-march-2012-industry-outlook/93840</link>
		<comments>http://www.stockbloghub.com/2012/02/29/eu-foreign-banks-stock-update-march-2012-industry-outlook/93840#comments</comments>
		<pubDate>Thu, 01 Mar 2012 05:53:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Latinoamericano de Exportaciones SA]]></category>
		<category><![CDATA[Banco Macro S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bancolombia S.A.]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[BAP]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BBVA Banco Frances S.A.]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BFR]]></category>
		<category><![CDATA[BLX]]></category>
		<category><![CDATA[BMA]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CIB]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credicorp Limited]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EU]]></category>
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		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[MFG]]></category>
		<category><![CDATA[Mitsubishi UFJ Financial Group Inc]]></category>
		<category><![CDATA[Mizuho Financial Group Inc.]]></category>
		<category><![CDATA[MTU]]></category>
		<category><![CDATA[National Bank of Greece SA]]></category>
		<category><![CDATA[NBG]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[SHG]]></category>
		<category><![CDATA[Shinhan Financial Group Company Limited]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[WBK]]></category>
		<category><![CDATA[Westpac Banking Corporation]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=93840</guid>
		<description><![CDATA[Foreign banks have been facing difficulties non-stop since the latest financial crisis, which triggered off as a credit issue in the sub-prime enclave of the U.S. mortgage market in mid-2007, and spilled all over the globe. The latest deterrents –– nagging macroeconomic issues, the European sovereign debt crisis in particular, and regulatory pressure –– also resulted in the sector’s latest under-performance. Moreover, the upcoming quarters look even worse with several negatives like asset-quality troubles, weak revenue growth, steeper costs and weak loan demand. But thanks to the worldwide regulatory reform, the sector has at least entered a transformation phase. Needless to mention, a change is yet to be felt. The sector entered 2012 with a lot less momentum than anticipated. Rising concerns related to funding and limited access to market ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/02/29/eu-foreign-banks-stock-update-march-2012-industry-outlook/93840/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(HBC) HSBC Holdings to Divest Its Losango Unit</title>
		<link>http://www.stockbloghub.com/2011/11/02/hbc-hsbc-holdings-to-divest-its-losango-unit/86120</link>
		<comments>http://www.stockbloghub.com/2011/11/02/hbc-hsbc-holdings-to-divest-its-losango-unit/86120#comments</comments>
		<pubDate>Wed, 02 Nov 2011 21:05:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[Capital One Financial Corporation]]></category>
		<category><![CDATA[COF]]></category>
		<category><![CDATA[First Niagara Financial Group Inc]]></category>
		<category><![CDATA[FNFG]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86120</guid>
		<description><![CDATA[On Thursday, Financial Times reported that HSBC Holdings Plc (HBC) is planning to sell its Losango consumer finance unit in Brazil, in yet another attempt to shed its non-core assets and improve efficiency. Presently, HSBC’s Losango unit has nearly 20 million clients and controls about 20% of the market share in Brazil’s consumer loan segment. Hence, some of the local banks interested in acquiring the HSBC unit include Banco Bradesco S.A. (BBD), Itau Unibanco Holding S.A. (ITUB) and Banco Santander Brasil, the local unit of Spanish bank. HSBC had acquired Losango in 2003 as a part of the agreement to buy Lloyds Banking Group Plc’s (LYG) Brazilian assets. The company’s main strategy is to focus in more profitable areas in Brazil and South America that include investment and commercial banking ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/02/hbc-hsbc-holdings-to-divest-its-losango-unit/86120/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EU) Non-U.S. Banks Stock Update &#8211; November 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/11/01/eu-non-u-s-banks-stock-update-november-2011-industry-outlook/86280</link>
		<comments>http://www.stockbloghub.com/2011/11/01/eu-non-u-s-banks-stock-update-november-2011-industry-outlook/86280#comments</comments>
		<pubDate>Tue, 01 Nov 2011 18:08:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Latinoamericano de Exportaciones SA]]></category>
		<category><![CDATA[Banco Macro S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bancolombia S.A.]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[BAP]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BBVA Banco Frances S.A.]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BFR]]></category>
		<category><![CDATA[BLX]]></category>
		<category><![CDATA[BMA]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CIB]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credicorp Limited]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[GGAL]]></category>
		<category><![CDATA[Grupo Financiero Galicia S.A.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[MFG]]></category>
		<category><![CDATA[Mitsubishi UFJ Financial Group Inc]]></category>
		<category><![CDATA[Mizuho Financial Group Inc.]]></category>
		<category><![CDATA[MTU]]></category>
		<category><![CDATA[National Bank of Greece SA]]></category>
		<category><![CDATA[NBG]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[Sauer-Danfoss Inc]]></category>
		<category><![CDATA[SHS]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=86280</guid>
		<description><![CDATA[The global banking industry is still a sorry sight, and its near term looks even worse with several negatives like asset-quality troubles, weak revenue growth, steeper costs and weak loan demand. But thanks to the worldwide regulatory reform, the sector has at least entered a transformation phase. Needless to mention, a change has yet to be felt. Potential threats from a deeper European debt crisis and the uncertain outlook for the U.S. economy following the rating downgrades by Standard &#38; Poor’s (S&#38;P) were quite obvious and the sector entered the second half of 2011 with a lot less momentum than was anticipated. Though the growth potential of some non-U.S. banks could be subdued due to higher reserve requirements, increased property taxes and strict lending limits as part of the regulatory ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/11/01/eu-non-u-s-banks-stock-update-november-2011-industry-outlook/86280/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(UBS) Non-U.S. Banks Stock Update &#8211; July 2011 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2011/07/06/ubs-non-u-s-banks-stock-update-july-2011-industry-outlook/78469</link>
		<comments>http://www.stockbloghub.com/2011/07/06/ubs-non-u-s-banks-stock-update-july-2011-industry-outlook/78469#comments</comments>
		<pubDate>Wed, 06 Jul 2011 19:32:51 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[GGAL]]></category>
		<category><![CDATA[Grupo Financiero Galicia S.A.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[Lloyds Banking Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[National Bank of Greece SA]]></category>
		<category><![CDATA[NBG]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[SHG]]></category>
		<category><![CDATA[Shinhan Financial Group Company Limited]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[WBK]]></category>
		<category><![CDATA[Westpac Banking Corporation]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78469</guid>
		<description><![CDATA[Backed by worldwide regulatory reform, the global banking industry is currently going through a transformation phase. Though the growth potential of some non-U.S. banks could be subdued due to higher reserve requirements, increased property taxes and strict lending limits as part of the regulatory overhaul, greater transparency in regulation could strengthen the fundamentals of many banks. Moreover, it is expected to create a less risky lane for the overall industry. Since 2010, the banking sector has been recovering at a moderate pace from the latest financial crisis that started as a credit issue in the subprime enclave of the U.S. mortgage market in mid-2007 and spilled all over the globe. Though the malice spread by the financial crisis is behind us, banks are now dealing with regulatory pressure as they ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/06/ubs-non-u-s-banks-stock-update-july-2011-industry-outlook/78469/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EU) Non-U.S. Banks Stock Update &#8211; November 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/11/16/eu-non-u-s-banks-stock-update-november-2010-industry-outlook/59617</link>
		<comments>http://www.stockbloghub.com/2010/11/16/eu-non-u-s-banks-stock-update-november-2010-industry-outlook/59617#comments</comments>
		<pubDate>Wed, 17 Nov 2010 02:22:00 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Exchange Traded Fund]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bancolombia S.A.]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CIB]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[EU]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[Mitsubishi UFJ Financial Group Inc]]></category>
		<category><![CDATA[MTU]]></category>
		<category><![CDATA[RBS]]></category>
		<category><![CDATA[Royal Bank of Scotland Group plc]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[WBK]]></category>
		<category><![CDATA[Westpac Banking Corporation]]></category>
		<category><![CDATA[WisdomTree Dreyfus Euro]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59617</guid>
		<description><![CDATA[The global banking industry has been recovering at a slow pace from the worst financial crisis that started as a credit issue in the subprime segment of the U.S. mortgage market in mid-2007 and spilled over to Europe and other economies. Though the worst of the financial crisis is behind us, there remain major challenges following the intervention of governments to rescue and stabilize the global banking system. Although non-U.S. banks are still dealing with liquidity and confidence challenges, governments have taken several steps to alleviate the sector, as banks are the lifeblood of the economy. Consequently, political interference in the sector has increased significantly over time, which has added to existing financial risks. Politics will continue to influence the banks’ lending decisions until they repay the government money. According ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/16/eu-non-u-s-banks-stock-update-november-2010-industry-outlook/59617/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(BCH) Non-U.S. Banks Stock Update &#8211; July 2010 &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2010/07/08/bch-non-u-s-banks-stock-update-july-2010-industry-outlook/42926</link>
		<comments>http://www.stockbloghub.com/2010/07/08/bch-non-u-s-banks-stock-update-july-2010-industry-outlook/42926#comments</comments>
		<pubDate>Thu, 08 Jul 2010 22:56:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Regional Banks]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco de Chile]]></category>
		<category><![CDATA[Banco Latinoamericano de Exportaciones SA]]></category>
		<category><![CDATA[Banco Macro S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[Bancolombia S.A.]]></category>
		<category><![CDATA[Bank of Montreal]]></category>
		<category><![CDATA[Barclays plc]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BCH]]></category>
		<category><![CDATA[BCS]]></category>
		<category><![CDATA[BLX]]></category>
		<category><![CDATA[BMA]]></category>
		<category><![CDATA[BMO]]></category>
		<category><![CDATA[BNS]]></category>
		<category><![CDATA[Canadian Imperial Bank of Commerce]]></category>
		<category><![CDATA[CIB]]></category>
		<category><![CDATA[CM]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[GGAL]]></category>
		<category><![CDATA[Grupo Financiero Galicia S.A.]]></category>
		<category><![CDATA[HBC]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Limited]]></category>
		<category><![CDATA[HSBC HLDGS PLC ADS]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Limited]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[KB]]></category>
		<category><![CDATA[Kookmin Bank]]></category>
		<category><![CDATA[Mitsubishi UFJ Financial Group Inc]]></category>
		<category><![CDATA[MTU]]></category>
		<category><![CDATA[Royal Bank of Canada]]></category>
		<category><![CDATA[RY]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[SHG]]></category>
		<category><![CDATA[Shinhan Financial Group Company Limited]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[TD]]></category>
		<category><![CDATA[The Bank Of Nova Scotia]]></category>
		<category><![CDATA[Toronto-Dominion Bank]]></category>
		<category><![CDATA[UBS]]></category>
		<category><![CDATA[UBS AG]]></category>
		<category><![CDATA[WBK]]></category>
		<category><![CDATA[Westpac Banking Corporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=42926</guid>
		<description><![CDATA[The global banking industry has been recovering at a slower pace from the worst downturn since the Great Depression that started as a credit issue in the subprime segment of the U.S. mortgage market and ultimately spread to engulf almost the entire global financial services industry. Though the worst of the financial crisis is behind us, there remain major political challenges following the intervention of governments to rescue and stabilize the global banking system. Although non-U.S. banks are still dealing with liquidity and confidence challenges, governments have taken several steps to alleviate the sector, as banks are the lifeblood of the economy. Consequently, the political interference in the sector has increased significantly over time. The politicization has added to the existing financial risks that banks face. The political interference will ]]></description>
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		<title>(BAC) Bank of America Decids to Sell Itau Unibanco Stake</title>
		<link>http://www.stockbloghub.com/2010/05/19/bac-bank-of-america-decids-to-sell-itau-unibanco-stake/37659</link>
		<comments>http://www.stockbloghub.com/2010/05/19/bac-bank-of-america-decids-to-sell-itau-unibanco-stake/37659#comments</comments>
		<pubDate>Thu, 20 May 2010 00:54:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Money Center Banks]]></category>
		<category><![CDATA[BAC]]></category>
		<category><![CDATA[Bank of America Corporation]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=37659</guid>
		<description><![CDATA[As part of its effort to discard non-core assets, Bank of America Corp. (BAC) decided to sell its 5.4% stake in Brazilian lender Itau Unibanco (ITUB) on Tuesday. The deal will help Bank of America (henceforth BofA in the blog) generate net proceeds of about $4.5 billion (Brazilian Reals 8.16 billion). As part of the deal BofA will sell its 188.4 million preferred shares in Itau Unibanco through a secondary offering. The offering is expected to happen early next month. BofA will also sell 56.5 million shares to Itau Unibanco’s controlling shareholder, Itau SA. Following the closure of the stake sale, BofA will no longer have any rights in Itau. BofA’s partnership with Itau Unibanco started in 2006, following the Brazilian bank’s takeover of the local unit of FleetBoston Financial. ]]></description>
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		<slash:comments>0</slash:comments>
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		<title>(ITUB) Itau Unibanco Expands Via Merger</title>
		<link>http://www.stockbloghub.com/2009/08/27/itub-itau-unibanco-expands-via-merger/13620</link>
		<comments>http://www.stockbloghub.com/2009/08/27/itub-itau-unibanco-expands-via-merger/13620#comments</comments>
		<pubDate>Thu, 27 Aug 2009 18:55:31 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13620</guid>
		<description><![CDATA[Itau Unibanco Holding S.A. (ITUB) and Porto Seguro have entered into an alliance aimed at the unification of residence and automobile insurance operations. Itau Unibanco will transfer its residential and car insurance portfolio to a new company to be named Itau Unibanco Seguros de Automovel e Residencial SA. The new company will have equity of $520 million. Its business portfolio will hold 3.4 million cars and 1.2 million insured homes. Earlier, Porto Seguro was in talk for merger with Banco Bradesco. However the talks failed due to disagreement over the control of the merged company. Terms of the agreement The new company Itau Unibanco Seguros de Automovel e Residencial SA will be transferred to Porto Seguro, which in turn will issue shares equal to 30% of its new capital to ]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>($CS) Non-U.S. Banks &#8211; Zacks Analyst Interviews</title>
		<link>http://www.stockbloghub.com/2009/07/30/san-non-u-s-banks-zacks-analyst-interviews/11621</link>
		<comments>http://www.stockbloghub.com/2009/07/30/san-non-u-s-banks-zacks-analyst-interviews/11621#comments</comments>
		<pubDate>Thu, 30 Jul 2009 16:32:21 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Foreign Money Center Banks]]></category>
		<category><![CDATA[AIB]]></category>
		<category><![CDATA[Allied Irish Banks plc]]></category>
		<category><![CDATA[Banco Bilbao Vizcaya Argentari]]></category>
		<category><![CDATA[Banco Bradesco S.A.]]></category>
		<category><![CDATA[Banco Santander S.a.]]></category>
		<category><![CDATA[Banco Santander-Chile]]></category>
		<category><![CDATA[BBD]]></category>
		<category><![CDATA[BBV]]></category>
		<category><![CDATA[Credit Suisse Group]]></category>
		<category><![CDATA[CS]]></category>
		<category><![CDATA[DB]]></category>
		<category><![CDATA[Deutsche Bank AG]]></category>
		<category><![CDATA[HDB]]></category>
		<category><![CDATA[HDFC Bank Ltd.]]></category>
		<category><![CDATA[IBN]]></category>
		<category><![CDATA[ICICI Bank Ltd.]]></category>
		<category><![CDATA[IRE]]></category>
		<category><![CDATA[Itau Unibanco Holding Sa]]></category>
		<category><![CDATA[ITUB]]></category>
		<category><![CDATA[Lloyds TSB Group plc]]></category>
		<category><![CDATA[LYG]]></category>
		<category><![CDATA[Mitsubishi UFJ Financial Group]]></category>
		<category><![CDATA[MTU]]></category>
		<category><![CDATA[SAN]]></category>
		<category><![CDATA[STD]]></category>
		<category><![CDATA[The Governor and Company of Th]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=11621</guid>
		<description><![CDATA[In general, we believe it is still a bit early to get involved with non-US bank stocks as the fundamental outlook remains weak &#8212; asset quality will continue to deteriorate as individuals and companies default on loans, and revenues should continue to fall as loan growth falters and investment banking faces a dearth of new business in the face of economic slowing. Consumer job losses and sluggish business conditions are increasing worldwide, which will tend to dampen demand for credit, even assuming banks are capable of lending more. Moreover, these factors will also hurt asset quality and increase losses on the existing &#8220;good&#8221; loan portfolios, even apart from considerations of toxic assets. Combined with top-line pressure due to weakening economic conditions, non-US banks face a daunting outlook. That said, we ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
	</channel>
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