Itau Hires McCarthy From Safra as Global CIO for Private Bank

  • McCarthy to be based in Sao Paulo, report to Severiano
  • Will oversee strategy in Brazil, Miami, New York, Zurich

Itau Unibanco Holding SA, the biggest wealth manager in Brazil, hired Nicholas McCarthy from Banco Safra SA for a new role as global chief investment officer for the private bank.

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