holders (18% of the market). In terms of credit volume, it represented 19% of the Brazilian system and in total deposits, funds and managed portfolios, 21% by 2008. In the insurance and pension plan market, the new group had a 17% and 24% share, respectively. The wholesale operations (corporate) totaled more than R$65 billion, serving more than 2,000 economic groups in Brazil. The private banking (wealth management) business had become the largest in Latin America, with approximately R$90 billion in assets under management. In September 2006, Banco Itaú bought the BankBoston assets in Brazil, Chile and Uruguay. References External links Itaú International Global Website Banks established in 2008 Companies based in São Paulo Companies listed on B3 (stock exchange)