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 February 2007

Commission File Number: 001-15276

Banco Itaú Holding Financeira S.A.
(Itau Holding Financing Bank S.A.)
(Translation of Registrant’s Name Into English)

Praça Alfredo Egydio de Souza Aranha, 100-Torre Itaúsa
04344-902 São 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:   ý      Form 40-F:   o

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T
Rule 101(b)(1):

Yes:  o      No:  ý

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T
Rule 101(b)(7):

Yes:  o      No:  ý

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes:  o      No:  ý

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 Itaú Holding Financeira S.A.               (Registrant)
Date:  February 5, 2007	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

99.1 Announcement to the Market – Central Bank of Brazil has authorized the acquisition of the operations of
BankBoston in Chile and Uruguay from the Bank of America Corporation.

EX-99.1

Announcement of aMaterial Fact

Banco Itaú Holding Financeira S.A. (ITAÚ) and Itaúsa – Investimentos Itaú S.A. (ITAÚSA) wish to inform that the Central Bank of Brazil has authorized the acquisition of the operations of BankBoston in Chile and Uruguay from the Bank of America Corporation, as previously announced in Material Facts published on May 2, 2006 and August 9, 2006.

The Extraordinary General Meetings of ITAÚ held on December 26, 2006 approved the full incorporation of the shares of BKB Chile Holdings Inc. and BankBoston Uruguay S.A. and OCA companies, converting them into wholly owned subsidiaries, and the issue of 20,537 thousand common shares to be delivered to the stockholders of these companies.

In the light of the approval mentioned above, the following impacts will be recognized in the financial statements for the fourth quarter 2006:

• in the case of ITAÚ, the full amortization of goodwill, the constitution of a provision for restructuring and the recognition of the equity income result, estimated at R$ 401 million (net of fiscal effects); and

• in the case of ITAÚSA, considering the variation in the stockholding participation and the amortization of goodwill, a net positive effect on the estimated result of R$ 230 million.

In relation to the new stockholding base, the value of dividends/interest on equity for fiscal year 2006 to be paid out to ITAÚ’s stockholders will not be affected by the amortization of goodwill and should be higher than for fiscal year 2005.

In order to conclude the process, we await the formal authorization of the authorities in the respective countries, this authorization in turn contingent on the Central Bank of Brazil’s approval now received.

With a view to the sustainability of the Bank, this acquisition is in line with the allocation of ITAÚ’s capital to businesses that create stockholder value. The expansion of operations into new markets in Latin America underscores ITAÚ’s confidence in the region.

São Paulo, February 2, 2007.

ALFREDO EGYDIO SETUBAL
Investor Relations Officer
BANCO ITAÚ HOLDING FINANCEIRA S.A. HENRI PENCHAS
Investor Relations Officer
ITAÚSA – INVESTIMENTOS ITAÚ S.A.