“Renegotiations have become a key tool to help us fine-tune our strategy,” Marcelo Kopel, Itaú’s director of investor relations, said on a conference call to discuss results. W Simon profit of BRL 5.235bn ($ 1.5bn ), down 19.9 percent from quarterly , missing estimates. Both provisions and renegotiated loans hit new records the prior three months after defaults surged at their fastest the prior three months pace in at least seven years .
W Simon profit of BRL 5.235bn ($ 1.5bn ), down 19.9 percent from quarterly , missing estimates. Both provisions and renegotiated loans hit new records the prior three months after defaults surged at their fastest the prior three months pace in at least seven years .