Banco Itaú, SA - The Five-star Brazilian Performer (A)

Published 01 Feb 2003
Reference 5088
Topic Strategy
Region South America
Length 24 page(s)
Language English
Summary

The case describes the challenges faced by an excellent Brazilian private bank, Banco Itaú, in a crucial auction of a state bank, Banespa. The result of this auction has the potential to change the competitive landscape of the Brazilian banking sector which, till that point had no major foreign players. The case describes Banco Itaú’s growth strategies in the context of the Brazilian emerging economy.

Teaching objectives

The case illustrates the challenges in the consolidation of the Brazilian banking sector in the face of the: 1. Privatization of government-owned banks; and 2. Entry of foreign players. The case provides a format to discuss a successful transformation of the financial sector in Brazil and in emerging economies, in general.

Keywords
  • AR2003
  • AR0203
  • RD0103
  • Banking
  • Brazil
  • Latin America
  • Privatization
  • Auction
  • Mergers And Acquitions
  • M And A
  • Growth Strategies
  • Global Competition