Itaú’s credit ROE may surpass cost of capital, CEO says

SAO PAULO, Aug 1 (Reuters) – The profitability of ItaúUnibanco Holding SA’s lending segment could top fundraisingcosts in coming quarters, Chief Executive Officer CândidoBracher said on Tuesday, a sign Brazil’s No. 1 lender isgradually detaching itself from the nation’s longest creditmarket downturn in two decades.
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