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Itau Unibanco Consolidates European Banking Hub in Luxembourg

Rio Times

BusinessRio Times·Sep 15, 2026·1 min read

Itau Unibanco Consolidates European Banking Hub in Luxembourg

Key Facts — What happened. Itaú Unibanco is moving its main European Union (EU) banking license from Portugal to Luxembourg. — How big. The unit involved held €721 million (US$832 million) in total assets at the end of 2025. — The catch…

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