Itau Securities
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Itaú Securities is an American securities firm based in New York City, New York, The United States. It is a broker dealer (est: 2002) who specialize in Brazilian securities to US institutional investors. The companies market capitalization is US$ 41.7 billion.[citation needed]
Itaú’s shares are traded on The American stock exchange The New York Stock Exchange. The company is regulated by the NASD and has a net capital of U$ 30MM.
Itaú Corretora and Itaú BBA, the investment banking arm of the group, participated actively in recent Brazilian IPO’s and block-trade operations, such as Natura, GOL, PIBB, ALL, WEG, Braskem, EdB, Tractebel, Vivax, Gafisa, Totvs, Dasa, Duratex, Eletropaulo, Profarma, Terna and Perdigao consolidating its position as one of the leading distributors in the Brazilian capital markets. Banco Itaú Holding Financeira (ADR: ITU) is a multiple bank under the supervision of the Central Bank of Brazil and one of the largest financial institutions in Brazil.
Presidents of Itau
Sérgio Millerman, and Thomas Deocoene are the two Presidents of today's Itau.