Shares of Itau Unibanco Holding SA (ADR) (NYSE:ITUB) ended Monday session in green amid volatile trading. The shares closed up +0.03 points or 0.25% at $11.86 with 11.35 million shares getting traded. Post opening the session at $11.94, the shares hit an intraday low of $11.80 and an intraday high of $12.00 and the price vacillated in this range throughout the day. The company has a market cap of $67.29 billion and the numbers of outstanding shares have been calculated to be 2.88 billion shares.
Itau Unibanco Holding SA (ADR) (ITUB) provides a range of financial products and services to individuals and corporate clients in Brazil and internationally. The company operates in three segments: Retail Banking, Wholesale Banking, and Activities with the Market + Corporation. It accepts time, savings, and demand deposits; and offers personal, payroll, vehicle, and mortgage loans, as well as credit cards. The company also provides asset management, custody and bookkeeping, consortium, investment banking, and electronic payment means services, as well as private banking services.
Shares of Credit Suisse Group AG (ADR) (NYSE:CS) ended Monday session in green amid volatile trading. The shares closed up +0.10 points or 0.75% at $13.35 with 2.46 million shares getting traded. Post opening the session at $13.28, the shares hit an intraday low of $13.28 and an intraday high of $13.40 and the price vacillated in this range throughout the day. The company has a market cap of $27.62 billion and the numbers of outstanding shares have been calculated to be 2.08 billion shares.
Credit Suisse Group AG (ADR) (CS) released its bi-annual CS Gender 3000 report reaffirming its prior findings that companies with a higher participation of women in decision-making roles continue to generate higher market returns and superior profits. In addition, the report debunks the “Queen Bee” syndrome, challenges the notion of the “Class Cliff” and gains new insights into gender diversity in Venture Capital and Microfinance.
The report, first launched in 2014, analyzes the Credit Suisse Gender 3000 (CSG 3000), which encompasses 27,000 senior managers at over 3,000 companies Credit Suisse analysts cover globally. With the data provided by the CSG 3000, the report examines whether the evidence continues to link gender diversity to better performance and looks specifically at firms with more than 50% female representation in senior management, Microfinance institutions and Venture Capital firms.