CEO Milton Maluhy Filho says projections could improve if macro conditions exceed expectations, while analysts view bank’s outlook as conservative 02/07/2025 After another year of record results in 2024, Itaú Unibanco, Brazil’s largest private bank, released a conservative guidance for 2025, according to market analysts. Itaú CEO Milton Maluhy Filho emphasized on Thursday (6) that […]
Fewer Brazilians are in debt or behind on payments, but more income is going toward loan repayments, according to trade association CNC 02/07/2025 The share of indebted and delinquent consumers declined in January, according to the Consumer Debt and Delinquency Survey by the National Confederation of Commerce of Goods, Services, and Tourism (CNC). However, the […]
Block trade seen as likely option over share offering 02/07/2025 Carrefour Brasil reported net income of R$221m in the third quarter of 2024, up 67.4% year over year Península, the investment vehicle of the Diniz family, is in talks with banks to sell its 7.3% stake in Carrefour Brasil but has yet to select a […]