UPDATE 1-Itaú ready to face worst of Brazil's economic downturn -CFO
May 06, 2015 at 12:02 PM EDT
SAO PAULO, May 6 (Reuters) - Itaú Unibanco Holding SA is prepared to navigate through an expected worsening of Brazil's economic conditions in the second quarter following steps to bulk up provisions for mostly corporate loans gone sour, Chief Financial Officer Eduardo Vassimon said on Wednesday.