Claro & Cía wins Supreme Court victory for Itaú Corpbanca

Claro & Cía wins Supreme Court victory for Itaú Corpbanca The proposed fine was the highest ever imposed by Chile's Superintendency of Banks and Financial Institutions ,

The Chilean Supreme Court has confirmed an appeal court ruling that reversed a US$30 million fine levied on Chilean commercial bank Itaú Corpbanca by the financial regulator, with the country’s top court agreeing that the regulator breached legal and constitutional due process by imposing the fine.

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