EBX “No Problem” for Banks: Setubal

Aug 5, 2013

The financial crisis at Brazil’s EBX Group will not have a major impact on the country’s banking sector even in the “worst case” of a default, Itau-Unibano CEO Roberto Setubal tells LatinFinance. “Given the level of exposure of banks in Brazil to EBX group, it is not really a problem at all in terms of systemic risk. In...

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