UPDATE 2-Itaú to buy Citigroup consumer finance business in Brazil
May 14, 2013 at 19:51 PM EDT
SAO PAULO, May 14 (Reuters) - Itaú Unibanco Holding SA will take over Citigroup Inc's Brazilian consumer finance units for 2.77 billion reais ($1.37 billion), as the nation's biggest bank by market value expands more rapidly in the local credit card market.
