6-K

                                    FORM 6-K
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                            Report of Foreign Issuer
                      Pursuant to Rule 13a-16 or 15d-16 of
                       the Securities Exchange Act of 1934

                          For the month of August 2002

                                 BANCO ITAU S.A.
                                (Itau Bank S.A.)
                 (Translation of Registrant's Name Into English)


                               Rua Boa Vista, 176
                         01014-919 Sao Paulo, SP, Brazil
                    (Address of principal executive offices)



Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F. Form 20-F X Form 40-F
                                             --

Indicate by check mark whether the registrant by furnishing information
contained in this Form is also thereby furnishing information to the Commission
pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes      No X
   -----   ---

If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-___________________.





                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                                           BANCO ITAU S.A.
                                                             (Registrant)


Date: August 7, 2002         By:       /s/ Alfredo Egydio Setubal
                                      ----------------------------
                                      Name:    Alfredo Egydio Setubal
                                      Title:   Investor Relations Officer

                             By:       /s/ Silvio Aparecido de Carvalho
                                      ---------------------------------
                                      Name:    Silvio Aparecido de Carvalho
                                      Title:   Chief Accounting Officer







                                  EXHIBIT INDEX


1.       Announcement to the Market
2.       Announcement to the Market

EX-1

                                 BANCO ITAU S.A.
CNPJ. 60.701.190/0001-04     A Publicly Held Company          NIRE. 35300023978

                   Authorized Capital: 200,000,000,000 shares
  Subscribed and Paid in Capital: R$ 4,260,500,000.00 - 113,451,148,264 shares

                      MEETING OF THE ADMINISTRATIVE COUNCIL
                                OF AUGUST 5 2002

         On August 5, 2002, the Administrative Council of BANCO ITAU S.A., met
at its head office under the presidency of Dr. Olavo Egydio Setubal for the
purpose of examining the appointment to a position of Senior Managing Director.

         Having examined the provisions of article 8, 8.1, of the company's
articles of association and the evidential documents indicating compliance with
the prior conditions for eligibility pursuant to articles 146 and 147 of the Law
6404/76, the Resolution 2645/99 of the National Monetary Council, in Circular
2932/99 of the Central Bank of Brazil and article 3 of Instruction 367/02 of the
Brazilian Securities and Exchange Commission (Comissao de Valores Mobiliarios),
the Councilors unanimously decided to:

a)  establish that the Board of Directors will be made up of 75 (seventy-five)
    appointments comprising 74 (seventy-four) persons, taking into account the
    accumulation of the positions of President and CEO. Within the overall Board
    of Directors, 20 (twenty) members will comprise the Executive Group as
    follows: the President, CEO, 2 (two) Senior Vice-Presidents, 7 (seven)
    Executive Vice-Presidents, the Legal Consultant and 8 (eight) Executive
    Directors, the remainder being 8 (eight) Senior Managing Directors and 47
    (forty-seven) Managing Directors, all of whom will be non-members of the
    Executive Group;

b)  elect as Senior Managing Director, LYWAL SALLES FILHO, Brazilian, married,
    economist, bearer of Brazilian Identity Card Number RG-IFP/RJ 1.980.299,
    enrolled in the Brazilian tax enrollment registration under number CPF
    036.806.817-04 and domiciled in the city of Sao Paulo at Rua Boa Vista, 185
    - 9o andar, with his annual term of office to terminate on the same date as
    the other Directors elected on May 2, 2002, or in other words, until the
    inauguration of the newly elected members on the occasion of the Meeting of
    the Administrative Council, immediately following the Annual General Meeting
    of 2003.

         In conclusion, the President informed the meeting that the investiture
of the Director would be formalized once the Central Bank of Brazil ratifies his
election.

         Having concluded all the items on the agenda, the meeting was declared
closed and the present minutes transcribed, read, approved and signed by all
those present. Sao Paulo-SP, August 5, 2002. (signed) Olavo Egydio Setubal -
President; Alfredo Egydio Arruda Villela Filho, Jose Carlos Moraes Abreu and
Roberto Egydio Setubal - Vice-Presidents; Carlos da Camara Pestana, Henri
Penchas, Jose Vilarasau Salat, Luiz Assumpcao Queiroz Guimaraes, Luiz de Moraes
Barros, Maria de Lourdes Egydio Villela, Persio Arida, Roberto Teixeira da Costa
and Sergio Silva de Freitas - Councilors.


                 I CERTIFY THAT THE PRESENT IS AN EXACT COPY OF
               THE ORIGINAL TRANSCRIPTION IN THE MINUTES REGISTER.
                          Sao Paulo-SP, August 5, 2002.

                             ALFREDO EGYDIO SETUBAL
                           Investor Relations Director

EX-2

                                 BANCO ITAU S.A.
CNPJ. 60.701.190/0001-04                                      NIRE. 35300023978
                              Publicly Held Company

                Authorized Capital: up to 200,000,000,000 stocks
  Subscribed and Paid-in Capital: R$ 4,260,500,000.00 - 113,451,148,264 stocks

                      MEETING OF THE ADMINISTRATIVE COUNCIL
                             HELD ON AUGUST 5, 2002

         The meeting of the Administrative Council of BANCO ITAU S.A. was held
at the corporate headquarters on August 5, 2002, under the presidency of Dr.
Olavo Egydio Setubal deciding, unanimously and `ad referendum" of the next
General Shareholders' Meeting, to change the head office from Rua Boa Vista n(0)
176 (CEP 01014-919) to Praca Alfredo Egydio de Souza Aranha n(0) 100 - Torre
Itausa (CEP 04344-902).

         The meeting was then closed, and the present record was written, read,
approved and signed by the participants. Sao Paulo-SP, August 5, 2002.
(signatures) Olavo Egydio Setubal - President; Jose Carlos Moraes Abreu, Alfredo
Egydio Arruda Villela Filho and Roberto Egydio Setubal - Vice Presidents; Carlos
da Camara Pestana, Henri Penchas, Jose Vilarasau Salat, Luiz Assumpcao Queiroz
Guimaraes, Luiz de Moraes Barros, Maria de Lourdes Egydio Villela, Persio Arida,
Roberto Teixeira da Costa and Sergio Silva de Freitas - Councilors.

               I DO HEREBY CERTIFY THIS TO BE AN ACCURATE COPY OF
             THE ORIGINAL RECORDED IN THE OFFICIAL BOOK OF RECORDS.

                          Sao Paulo-SP, August 5, 2002.


                             ALFREDO EGYDIO SETUBAL
                           Investor Relations Director