Itaú’s Quiet Pullback In Colombia And Panama Is A Big Signal For Latin America

Key Points Itaú is handing Banco de Bogotá about 267,000 retail customers and a large book of loans and deposits in Colombia and Panama. The numbers are meaningful: COP 6.5 trillion ($1.7 billion) in loans and COP 4.1 trillion ($1.1 billion) in deposits are moving, while Itaú keeps its corporate banking platform. The deeper story […]