Brazil's Itau CEO: Lower Interest Rates Will Reduce Bad Loans

By MATTHEW COWLEY, STEPHEN WISNEFSKI and CHARLES ROTH SAO PAULO--Bad loans in Brazil are likely to fall as interest rates should continue to decline next year, according to the chief executive of Brazil's second-largest bank, Itau Unibanco Holding SA. ... Brazil's Itau CEO: Lower Interest Rates Will Reduce Bad Loans