COGNICURRENT

A São Paulo court has ordered Itaú Unibanco and PicPay to jointly compensate an elderly couple with R$ 1.1 million after they fell victim to a sophisticated banking scam.

The Itaú Social Institute will allocate over R$ 17 million to educational programs across Brazil, supporting 38 projects aimed at improving children's school access and retention.

Itaú customers experienced instability with the Pix payment system on Thursday, leading to widespread complaints and delays in transactions.

Itaú Unibanco's PIX payment system experienced outages, leading to customer complaints on social media about access issues.

Analysts report that foreign capital flow into Brazil, which surged in January, shows no signs of stopping amid a global decline of the dollar.

The Electoral Regional Tribunal of Rio Grande do Norte has scheduled supplementary elections for the mayors and vice mayors of the municipalities of Itaú and Ouro Branco on May 17, 2026, due to the cancellation of the previous officeholders' mandates.

The article discusses the implications of a public statement by the CEO of Itaú bank regarding the financial repercussions of the liquidation of Banco Master, especially from the perspective of marginalized communities.

Itaú Unibanco is auctioning six properties in Goiás, Brazil, with prices ranging from R$ 39,000 to R$ 214,000, as part of a public sale managed by Frazão Leilões.

Customers experienced service failures at multiple Brazilian banks including Itaú, Santander, and Nubank.

Roberto Setubal, co-chairman of Itaú Unibanco's Board, is set to marry Michelle Guedes in March despite being in a noisy divorce process with his ex-wife Daniela Fagundes.

The CEO of Itaú Unibanco, Milton Maluhy Filho, stated that the Master case will impose costs on society by affecting the financial instruments' pricing and the cost of obtaining new loans.

The TRF-1 court denied an appeal by the Union, maintaining a lower court's decision that prevents Carf from adjudicating a billion-dollar case against Itaú Unibanco related to its merger.

Itaú Unibanco achieved a net profit of R$ 46.8 billion in 2025, marking a 13.1% increase from the previous year and setting a new record for Brazilian banks in inflation-adjusted terms.

Itaú, Santander, and Citi have reached agreements with the National Treasury Attorney General's Office that resulted in the payment of approximately R$ 2.4 billion in taxes to resolve long-standing tax disputes.

Itaú, Santander, and Citi have agreed to pay R$ 2.4 billion to resolve long-standing tax disputes with the government as part of a program to encourage resolution of such issues between companies and the Union.

A study highlights that Brazil's poor math education contributes to its low and irregular economic growth, with math-intensive professions generating significant income and GDP contributions.

The 14th Chamber of Private Law of the Rio de Janeiro Court of Justice unanimously decided to maintain a lower court ruling requiring Itaú and Mastercard to stop obstructing or blocking the use of their credit cards in digital wallets as a payment method.

Sales volume in the Brazilian retail sector grew by 16.1% in January compared to the same period last year, driven by school vacations and strong consumer demand according to data from Itaú Unibanco.