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Stock impact report

Bonds of Bank Hit by Historic Brazil Floods Lure Investors Back [Financial Post (Toronto, Ontario, Canada)]

Itau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares) (ITUB) 
Last itau unibanco banco holding sa american depositary shares (each repstg 500 preferred shares) earnings: 2/11 04:01 pm Check Earnings Report
US:NYSE Investor Relations: itau.com.br/investor-relations
Company Research Source: Financial Post
withstand the impact of historic floods in the south of the country. They won't know the accuracy of that bet for months though. Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Two of Brazil's largest money managers fueled the rebound in bonds of Banco do Estado do Rio Grande do Sul SA in the past month, confident it would withstand the impact of historic floods in the south of the country. They won't know the accuracy of that bet for months though. JGP Asset Management and Ibiuna Investimentos snapped up the bonds in the state bank, known as Banrisul, after they tumbled in the aftermath of floods that devastated the Rio Grande do Sul state. The market, they said, had overreacted to the natural disaster. Article content It's a risky bet. Torrential rains submerged about four-fifths of the state, which is home to 11 million people and accounts for around 53% of Banrisul's risk exposure. The flo Show less Read more
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