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July 28, 2015 1:00 PM ET


Company Overview of Banco Itaú Chile S.A.

Company Overview

Banco Itaú Chile S.A. provides private banking and wealth management services in Chile. The company operates through Retail, Wholesale, Global Corporate Banking, and Treasury and Financial Institutions segments. The company offers retail banking, commercial banking, corporate banking, and treasury services. It also provides factoring, leasing, corporate finance, mortgage lending, mutual funds, insurance brokerage, and trading and consumer products. It operates through 91 branches. The company was formerly known as BankBoston (Chile) and changed its name to Banco Itaú Chile in February 2007. Banco Itaú Chile S.A. was founded in 2006 and is headquartered in Santiago, Chile. Banco Itaú Chile S....

Enrique Foster Sur 20

Piso 4

comuna de Las Condes



Founded in 2006


56 2 686 0000

Key Executives for Banco Itaú Chile S.A.

Compensation as of Fiscal Year 2015.

Banco Itaú Chile S.A. Key Developments

Banco Itaú Chile S.A., Special/Extraordinary Shareholders Meeting, Jun 30, 2015

Banco Itaú Chile S.A., Special/Extraordinary Shareholders Meeting, Jun 30, 2015. Agenda: To consider the approval of the merger by the shareholders of CorpBanca and Banco Itaú Chile (BIC).

Banco Itaú-Chile Announces Return on Equity for the First Quarter of 2015

Banco Itaú-Chile announced return on equity for the first quarter of 2015. The company reported a drop in profitability as its ROE fell to 9.54% from 12.9% in 2014.

Cartica Management Adds Itaú Unibanco Holding and Banco Itaú Chile as Defendants in a Lawsuit Challenging CorpBanca Deal

Cartica Management LLC added Itaú Unibanco Holding S.A. and Banco Itau Chile as defendants in its amended complaint against the proposed merger of CorpBanca and Banco Itau Chile. The defendants named in Cartica's April 1 lawsuit - which seeks to enjoin the closing of the proposed transaction - were CorpBanca; its controlling shareholder Alvaro Saieh; CorpBanca's directors, CEO and CFO; and Saieh's holding companies. The amended complaint asserts that Saieh, Itaú and CorpBanca are "continuing to withhold material information, and failing to correct material misstatements" - even after Cartica filed its complaint identifying multiple alleged violations of U.S. securities laws. The case is pending in the U.S. District Court for the Southern District of New York.

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