Euromoney Private Banking Awards 2010: Itaú named “Best private banking services overall” in Brazil and Chile

Itaú Private Bank has been voted the best private bank in Brazil and Chile by Euromoney, the world's most prestigious financial publication. The Awards citations were published in the February 2010 issue of Euromoney Magazine.

Euromoney’s Private Banking Awards are the most prestigious in the growing area of wealth management. The awards cover over 60 countries each year and are to the financial world what the Oscars are to the movie industry.

The annual Private Banking Survey provides a qualitative and quantitative review of the best services in private banking, by region and by areas of services.

Factors such as market position, assets under management, profitability, ratio of clients to private bankers, and quality of services offered are considered in developing the ranking of top private banks.

The winners of the various award categories are voted for by the people who know the industry best – the private bankers themselves.

The 2010 Euromoney awards recognize the importance of Itaú in the private banking industry. Itaú Private Bank is considered the most client-focused private bank in Latin America and one of the few houses selected by Euromoney that have grown during the 2008-2009 global turmoil, while increasing the range of wealth management services provided to clients worldwide.