UPDATE 1-Brazil's Itau lays off 270 staff in retail units, union says [Reuters]
Itau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares) (ITUB)
Last itau unibanco banco holding sa american depositary shares (each repstg 500 preferred shares) earnings: 2/11 04:01 pm
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Source: Reuters
UPDATE 1-Brazil's Itau lays off 270 staff in retail units, union says By Reuters Staff 2 Min Read (Updates number of employees laid off) SAO PAULO, Sept 17 (Reuters) - Brazil’s largest lender Itau Unibanco Holding SA has laid off at least 270 employees since the beginning of September, according to a bank employees union leader on Thursday. Layoffs reached 130 positions in the car loan unit and also hit workers located at bank branches, the union added. Itau, which ended June with roughly 95,000 employees, pledged not to cut any jobs for an unspecified period of time during the coronavirus pandemic. “Banks had committed not to fire workers during the pandemic and now are breaking their promise,” said Juvandia Moreira, head of the national bank employees union Contraf. In a statement to Reuters, Itau said it resumed in September both hirings and layoffs, which had both been halted since the pandemic slammed Brazil in March. The bank did not disclose any numbers. As banks worldwide tig
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News
- ITAÚ UNIBANCO 1Q24 ResultsPR Newswire
- Scotiabank Plans to Enter Brazil Local Debt Markets, Boost Team [Yahoo! Finance]Yahoo! Finance
- Scotiabank Plans to Enter Brazil Local Debt Markets, Boost Team [BNN Bloomberg (Canada)]BNN Bloomberg
- Itau Unibanco (ITUB) Thrives on Buyouts Amid High Expenses [Yahoo! Finance]Yahoo! Finance
- Are You Looking for a High-Growth Dividend Stock? [Yahoo! Finance]Yahoo! Finance
ITUB
Earnings
- 8/8/23 - Beat
ITUB
Sec Filings
- 4/15/24 - Form 6-K
- 4/1/24 - Form 6-K
- 3/28/24 - Form 6-K/A
- ITUB's page on the SEC website