Wednesday, June 20, 2012

Investopedia: How Much Worse Will Itau Unibanco Get Before It Gets Better?

Stop me if you've heard this one before - banks are starting to see increasing loan losses, shrinking spreads and fears of an economic slowdown are leading banks to curtail lending, while government officials would prefer to see more lending to stimulate growth. That's not the United States nor Europe that I'm talking about, but rather Brazil. With economic conditions in Brazil looking less secure, Itau Unibanco (NYSE:ITUB) could be looking at a longer stretch of compressed earnings and returns than optimists want to believe.

Continue reading here:
http://stocks.investopedia.com/stock-analysis/2012/How-Much-Worse-Will-Itau-Unibanco-Get-Before-It-Gets-Better-ITUB-BBD-HBC-BSBR0620.aspx

No comments: