Brazilian bank opens interdealer office in Hong Kong

News

Brazilian private bank Banco Itau has opened its first broker-dealer office in Hong Kong. The new office, Itau Asia Securities, will sell Brazilian equity structured products to institutional investors throughout Asia. It will also offer initial public offerings and fixed-income investment options.

"Itau Asia Securities is a bold effort to bring Brazil's growing investment opportunities closer to Asian institutional investors," says Roberto Nishikawa, head of Itau's global brokerage business.

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