In a notable shift within Latin America’s financial sector, Nubank has overtaken Itaú Unibanco to become the region’s most valuable bank. Boasting a market valuation of R$297 billion ($57.4 billion at an exchange rate of 5.17), Nubank now trails only behind Petrobras on Brazil’s B3 stock exchange. Itaú maintains a market value of R$288 billion […]
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