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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
02/04/201614:39:00Santander Provides $2.3 Million In New Grants To Support Leading...
01/27/201611:10:00Santander Profit Plunges on U.K. Insurance-Related Provisions...
01/27/201609:08:00Santander: No Margin for Error -- Heard on the Street
01/27/201609:03:00Santander: No Margin for Error -- Heard on the Street
01/27/201608:18:00Santander: No Margin for Error -- Heard on the Street
01/27/201606:49:00Santander Profit Plunges on U.K. Insurance-Related Provisions...
01/27/201605:25:00Santander Profit Plunges on U.K. Insurance-Related Provisions...
01/27/201603:32:00Correction to Santander Story
01/27/201603:27:00Santander Profit Plunges on U.K. Mis-selling Provisions -- 2nd...
01/27/201602:34:00Santander Profit Bolstered by U.K. Business -- Update
01/27/201602:30:00Santander Profit Up Slightly
01/27/201601:41:00Santander Profit Up Slightly
01/26/201614:06:59Report of Foreign Issuer (6-k)
01/26/201608:26:00Spanish Banks' Shares Hit Ahead of Quarterly Results
01/25/201613:50:46Amended Statement of Ownership (sc 13g/a)
01/25/201608:34:00Banco Santander SA 4Q 2015 -- Forecast
01/21/201618:50:00Brazilian Banks to Form Credit Registry
01/21/201618:09:00Brazilian Banks to Form Credit Registry
01/14/201611:26:00Santander Holdings USA Declares Quarterly Dividend On Preferred...
01/06/201608:00:00Sanofi Genzyme Announces Recipients of Patient Advocacy Leadership...

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