Tag: Roberto Setubal

• Friday, August 21st 2015 - 06:57 UTC

  Brazil's July unemployment up for a seventh straight month

  

  Brazil's unemployment rate rose for a seventh straight month in July to the highest in over five years, government data showed on Thursday. The non-seasonally adjusted jobless rate rose in July to 7.5% from 6.9% in June, statistics agency IBGE said.

• Wednesday, May 6th 2015 - 07:16 UTC

  Brazilian leading bank prepares ahead of the country's 'steepest recession in two decades'

  

  Itaú Unibanco Holding SA, one of Brazil's strongest and leading banking groups is provisioning more for loan losses and curbing loan book growth in a bet that careful risk management will help the bank navigate the country's steepest recession in over two decades.

• Wednesday, February 23rd 2011 - 06:33 UTC

  Brazil’s top private banker denies any risk of a credit bubble in the country

  

  The president of Brazil’s private bank Itau brushed aside risks of a credit bubble in the country and underlined that sustained economic growth will be rewarded by an expansion of between 15% and 20% in its credit portfolios in 2011.