Itaú prepared to face worst of Brazil downturn, CFO says
May 06, 2015 at 09:02 AM EDT
SAO PAULO, May 6 (Reuters) - Itaú Unibanco Holding SA's step to raise loan-loss provisions in recent months prepared Brazil's most profitable lender so it could navigate through an expected worsening of economic conditions during the second quarter, Chief Financial Officer Eduardo Vassimon said on Wednesday.