ABU DHABI/WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message …
Read More »Brazil banks’ lower provisions seen masking credit-quality woes
Bloomberg Itau Unibanco Holding SA, Banco Bradesco SA and Brazil’s other major banks are expected to post their first quarter-over-quarter decline in bad-loan provisions in at least a year when they report results in coming days. The good news will probably be short-lived. “The provision decrease doesn’t mean a credit-quality improvement,†Andre Riva, an analyst at GBM Grupo Bursatil …
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