Itaú Unibanco Holding S.A.
10.330.03 (0.29%)
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Prev Close10.30
Bid10.31 x 28700
Ask10.32 x 56000
52wk Range5.48 - 10.65
Day's Range10.28 - 10.40
Avg Vol (3m)14,609,269
As of 12:03 PM EDT. NYSE Real Time Price. Market open.
  • Reuters6 hours ago

    Record bankruptcies pressure Brazil banks as recession bites

    By Guillermo Parra-Bernal SAO PAULO, July 26 (Reuters) - Brazil's harshest recession in eight decades is prompting some of the nation's top banks to reclassify some 90 billion reais ($27 billion) in problematic corporate loans, eroding profits as banks struggle with a doubling in bankruptcy protection filings. Some companies, like rig leaser Sete Brasil Participações SA and phone carrier Oi SA, have been forced to seek court protection from creditors. In June, Oi filed for Brazil's largest in-court reorganization on 65 billion reais of obligations.

  • Bloombergyesterday

    Brazil’s Banks Ramp Up Bid to Halt Torrent of Bankruptcy Filings

    Some of Brazil’s biggest banks are stepping up efforts to stem a surge in bankruptcy filings.