BlackRock Bets Big on Brazil: Itaúsa Stake Grows Amid Market Challenges

BlackRock, the global investment giant, has quietly increased its stake in Itaúsa, a key player in Brazil’s financial landscape. The move comes as Itaúsa’s shares hit yearly lows, sparking interest among market watchers. BlackRock now holds over 357 million preferred shares of Itaúsa, representing about 5% of this share class. This investment stands out against […]