Itau Makes International IB Hires

Itau’s investment banking operation has hired Javier Grana to head LatAm M&A, it says. The former Morgan Stanley banker will be based in Argentina. Marcel Patino, formerly of Citi, will be responsible for developing the investment banking platform for the bank in Colombia. In Europe, the Brazilian bank has hired Ignacio Perez-Cossio, from UBS, for its Madrid office.