Weak Brazil trends unlikely to hurt Itaú fourth-quarter results
SAO PAULO Nov 5 (Reuters) - Itaú Unibanco Holding SA's results in the fourth quarter are likely to remain solid, in spite of a deterioration in activity and other economic indicators in Brazil, executives said at a conference call on Wednesday.
"Nothing indicates that earings will be impacted by short-term trends in the economy," said Alfredo Setubal, senior vice president for investor relations, at a conference call to discuss third-quarter earnings. Itaú, Brazil's largest bank by market value, posted on Tuesday record third-quarter profit that beat expectations by a large margin. (Reporting by Guillermo Parra-Bernal)
© Thomson Reuters 2017 All rights reserved.