|Day's Range||10.71 - 11.05|
|52 Week Range||7.67 - 13.65|
|PE Ratio (TTM)||10.09|
|Dividend & Yield||0.05 (0.51%)|
|1y Target Est||11.83|
Brazilian lawmakers need to urgently pass a revamping of the country's outdated labor code in order to mitigate extra costs for companies and consumers, the co-chairman of Brazil's largest bank said on Saturday. The excessive rigidity of Brazil's labor legislation is creating an enormous burden for citizens, who end up paying more for the goods and services they buy, said Roberto Setubal, the co-chairman of Itaú Unibanco Holding SA. Speaking at an event sponsored by XP Investimentos SA, Setubal said political turmoil is unlikely to ease in coming months, posing challenges to President Michel Temer's ambitious economic reform agenda.
The price that Itaú Unibanco Holding SA paid for a minority stake in Brazilian independent securities firm XP Investimentos SA embeds "very high growth rates" ahead, co-Chairman Roberto Setubal ...
Itaú Unibanco Holding SA, Latin America's largest bank by assets, has decided not to make a binding offer to acquire control of Argentine lender Banco Patagonia SA. In a Wednesday statement, Itaú said ...