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ITUB Jan 2024 2.000 put
- Zacks
ITUB vs. HDB: Which Stock Is the Better Value Option?
ITUB vs. HDB: Which Stock Is the Better Value Option?
- Reuters
Americanas accounting scandal was a 'fraud,' says CEO of Brazil's Itau
The chief executive of Brazil's biggest private lender Itau Unibanco said on Wednesday that the accounting inconsistencies that led retailer Americanas SA to request bankruptcy protection represent a case of 'fraud'. Milton Maluhy Filho's remarks came after Itau, which had a multi-million-dollar exposure to Americanas, had to set aside more cash for bad loans in the fourth quarter. Maluhy added that Itau has not identified any case similar to that of Americanas, which reported around $8 billion in debt after disclosing "inconsistencies" in its accounting.
- Zacks
Is a Surprise Coming for Itau Unibanco (ITUB) This Earnings Season?
Itau Unibanco (ITUB) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
