Itaú Unibanco Holding S.A. is a financial services conglomerate with headquarters in Brazil and a presence in Latin America. Its operations are organized into three main business segments: Retail, Wholesale, and Market + Corporation Activities. The Retail segment offers products and services such as credit, finance, cards, investments, insurance and pension for individuals and micro and small businesses. The Wholesale division, which includes Itaú BBA, serves large and medium-sized companies, institutional and high net worth clients (Private Banking), focusing on investment banking and commercial operations. The Market and Corporation Activities pillar is responsible for managing excess capital, market margin, and treasury operations.
Market capitalization, or "market cap", is the aggregate market value of a company represented in a dollar amount. Since it represents the “market” value of a company, it is computed based on the current market price (CMP) of its shares and the total number of outstanding shares.
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