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Itaú Unibanco Delivers R$12.4B Profit, 24.3% ROE as 'Swiss Watch' Strategy Stays on Track

Itaú Unibanco (ITUB4, ITUB ADR) reported R$12.4B recurring net income with high ROE, but tempered outlook for fee income.

By Marcus Wright

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Itaú Unibanco Delivers R$12.4B Profit, 24.3% ROE as 'Swiss Watch' Strategy Stays on Track
World Economic Forum / Wikimedia Commons (CC BY 3.0)

Itaú Unibanco (ITUB4, ITUB ADR) reported R$12.4B recurring net income with high ROE, but tempered outlook for fee income.

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