Itau Securities to Host the Most Comprehensive Global Equity Conference Dedicated to Brazil in New York
May 07 2008 - 9:21AM
PR Newswire (US)
Conference will feature over 55 companies mostly represented by
their CEOs. NEW YORK, May 7 /PRNewswire/ -- Itau Securities, the
securities arm of Banco Itau Holding Financeira, one of the largest
banking groups in Latin America by market cap, announced that it
will host the most comprehensive global equity conference dedicated
to Brazil in New York, on May 21-22 for its third consecutive year.
With the recent upgrade of Brazil to investment grade, Itau expects
a renewed interest from its global institutional investor base.
Over 55 companies across all sectors and market capitalization will
attend the conference. Each company will be represented by their
CEOs and other senior executives. Itau Securities has pioneered the
Brazilian security distribution service globally, and is the first
to provide dedicated coverage and distribution of Brazilian
securities to investors on every continent. Itau was the first
Latin American bank to have a broker dealer in Hong Kong, and will
also be the first financial institution from a BRIC (Brazil,
Russia, India and China) country to open up a broker dealer in
Tokyo. In addition to its well established broker dealer in London,
New York and Sao Paulo, the company plans to expand with
representative offices in Singapore, Beijing and the UAE by the end
of the year. Itau Securities has also the largest team of research
analysts, with an in-depth coverage of over 130 listed companies.
Itau Securities and Banco Itau BBA ("Itau BBA"), the investment
banking arm of the group, have consistently occupied a leading
position in the Brazilian equities league table since 2004. Itau
BBA is the country's largest wholesale bank. Operating in the
corporate segment, it provides investment banking services and
meets the needs of Brazil's 2,000 largest organizations. For the
last three years, Itau BBA has been one of the leading investment
banks in Brazil, consistently leading Equities, M&A and local
Fixed Income rankings, Itau BBA led approximately US$ 24 billion
and US$ 15 billion in equity and fixed income offerings since 2004
and advised on close to 50 M&A transactions. Itau BBA bookrun 3
out of the 4 largest IPO's ever done in Brazil and was named
Brazil's Best Investment Bank of the year by Latin Finance in 2006.
Banco Itau Holding Financeira S.A. (ADR: ITU) is a multiple bank
under the supervision of the Central Bank of Brazil and is one of
the largest financial institutions in Latin America by Market Cap.
CEO Roberto Setubal was named top CEO in the category of Banking
& Finance Services by Institutional Investor in 2006. Itau's
market capitalization is US$ 72 billion as of May 5th, 2008. Itau's
shares are traded on three Stock Exchanges: Sao Paulo, Buenos Aires
and New York. Euromoney has named Itau the best Brazilian bank
every year since 1998. Itau Securities plans to host similar events
in London, Hong Kong, and Dubai, to meet the demands of the growing
client base. For more information and details about the New York
conference, please contact Jennifer Riordan, Itau USA Securities at
(212) 710-6756. For more information on Itau, please visit our
website at http://www.itau.com.br/. For U.S. investors please
contact Itau USA Securities Inc. in New York, MEMBER: FINRA/SIPC,
at: 212-207-9056. About Itau USA Securities: Itau USA Securities
Inc. MEMBER: FINRA/SIPC Itau USA Securities was established in 2002
in New York as a broker dealer specialized in distributing
Brazilian public and private equities and fixed income securities
to institutional investors. The company is a wholly owned
subsidiary of Itau Securities (Itau Corretora de Valores S.A.), the
securities arm of Banco Itau Holding Financeira S.A., and a member
of the FINRA, NFA and SIPC. DATASOURCE: Itau Securities Web site:
http://www.itau.com.br/
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