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Brazil's Itau Unibanco Denies Talks to Purchase RBS's Citizens

SAO PAULO--Brazil's second-largest bank in terms of assets, Itau Unibanco Holdings SA (ITUB, ITU4.BR), denied Tuesday it was in talks to purchase Citizens, the U.S. unit of Royal Bank of Scotland Group PLC (RBS, RBS.LN). The bank "isn't negotiating the acquisition of Citizens, the U.S. arm of Royal Bank of Scotland, nor of any other American financial institutions, as there is no proposal or related document in this sense," Itau said in a statement. Itau said it is "always considering options to expand its operations in the financial market." On Sunday, the U.K.'s Sunday Times newspaper reported that Itau was considering making a bid for Citizens, but that it hadn't made any formal approach to RBS. The newspaper also suggested Itau might consider a bid for the U.S. units of two other European institutions, Societe Generale SA (GLE.FR) and Banco Santander SA (SAN, SAN.MC). Write to Matthew Cowley at matthew.cowley@dowjones.com Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Banco Santander Chile (SAN)
DateTimeHeadline
07/30/201517:10:31Report of Foreign Issuer (6-k)
07/30/201516:59:00Report of Foreign Issuer (6-k)
07/30/201508:25:57Correction to Santander Profit Rises Story
07/30/201507:45:49Banco Santander Brasil Profit Rises On More Loans
07/30/201504:29:21Santander Posts Sharp Rise in Profit -- 2nd Update
07/30/201502:30:06Santander Posts Sharp Rise in Profit
07/30/201502:27:06Santander Posts Sharp Rise in Profit -- Update
07/30/201501:45:17Santander Profit Rises
07/29/201515:04:10Report of Foreign Issuer (6-k)
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07/21/201513:09:00Santander Holdings USA Declares Quarterly Dividend On Preferred...
07/16/201513:45:00Santander Provides Scholarships To York College Students
07/15/201515:24:09Report of Foreign Issuer (6-k)
07/15/201515:20:23Santander Taps Ex-J. P. Morgan Official for U.S. Post
07/15/201515:02:08Santander Taps Former J.P. Morgan Official Blythe Masters for...
07/15/201513:00:00Blythe Masters Named Chairman Of Santander Consumer USA Holdings...
07/07/201519:02:25Fed Tells Santander's U.S. Unit to Shape Up -- 2nd Update
07/07/201515:54:39Fed Orders Santander's U.S. Units to Improve Risk Management...

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