UPDATE 1-Itaú says $1 billion data center to help earnings in 2016
March 13, 2015 at 10:40 AM EDT
MOGI MIRIM, Brazil, March 13 (Reuters) - Itaú Unibanco Holding SA, Brazil's largest bank by market value, said on Friday it expected a new $1 billion data center to help curb its expenses and process transactions more rapidly by June of 2016.