JusticeHighEmergingAccelerating
7.9
Brazil banker's phone logs expose judiciary-politics ties weeks before election
FAZ·BR·2 days ago
Itaú Unibanco reported a 13% profit increase in 2025 and 8% growth in Q2 2026, with credit portfolio expanding nearly 10% year-over-year while delinquency remains stable. The bank's agility, driven by technology and sharp teams, supports continued growth despite rising overdue accounts in the broader economy. This signals resilience in Brazilian banking and potential positive sentiment for the sector.