ItaÃÂº Corretora, the brokerage arm of Brazil's Banco ItaÃÂº, is to invest $125m (Ã¢ÂÂ¬80m) this year in a significant international expansion.

Roberto Nishikawa, ItaÃº Corretora's president, told Financial News' sister magazine Wealth Bulletin that two new branches are to be opened â in Tokyo and Dubai â together with representative offices in Beijing, Singapore, and Abu Dhabi.

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Brazilian broker expands overseas

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