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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 [email protected] Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stock News for Banco Santander Chile (SAN)
DateTimeHeadline
03/23/201713:34:00Santander Bank Expands Its Presence In The Bronx
03/22/201717:27:00Santander Holdings USA, Inc. Announces Pricing Of Private Offering...
03/22/201709:23:00Santander Holdings USA, Inc. Announces Proposed Private Offering...
03/22/201708:48:00Santander Bank Announces Cash Tender Offers For Any And All Of...
03/16/201709:56:00Santander Bank Raises its Prime Rate to 4.00%
03/07/201715:06:43Report of Foreign Issuer (6-k)
03/07/201705:36:00Hellman & Friedman, Singapore's GIC Buy Allfunds Bank From Santander...
03/06/201715:36:59Report of Foreign Issuer (6-k)
03/03/201706:06:18Report of Foreign Issuer (6-k)
02/28/201718:33:41Report of Foreign Issuer (6-k)
02/28/201715:02:00The Newest Bank Blockchain: Will This Be the Breakthrough?
02/28/201715:01:00Correction to Bank Blockchain Story
02/28/201715:00:00Correction to Bank Blockchain Story
02/28/201710:42:00Santander Bank Opens Two New Branches In Brooklyn
02/28/201708:03:00The Newest Bank Blockchain: Will This Be the Breakthrough?
02/24/201715:41:24Report of Foreign Issuer (6-k)
02/17/201712:01:39Form 13f Holdings Report (13f-hr/a)
02/14/201718:12:47Form 13f Holdings Report (13f-hr)
02/14/201710:39:00Extended Hours And A New, Contemporary Look Make Banking At Santander...
02/08/201706:04:25Amended Statement of Ownership (sc 13g/a)

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