UPDATE 2-Brazil's Itau sees brighter 2021 performance amid economic recovery
Yahoo! Finance
Brazil's biggest lender, Itau Unibanco Holding SA, on Monday reported a jump in second-quarter profits and set a more optimistic outlook for the year amid the country's gradual economic recovery. As the Brazilian economy has recovered from the pandemic at a faster pace than initially predicted, the bank revised its outlook for loan book growth to 11.5% from 9.5%. Chief Financial Officer Alexsandro Broedel said in a statement that the bank's performance is in line with Brazil's economic recover...
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