Itau’s Setubal Says Brazil Needs to Boost Returns, Folha Reports
By Matthew Malinowski -
2012-12-23T14:04:51Z
Roberto Setubal, chief executive officer of Itau Unibanco (ITUB4), said Brazil’s government needs to boost investment returns for businesses if the country seeks to grow 4 percent next year, Folha de Sao Paulo reported.
Brazil needs to upgrade its infrastructure in order to improve productivity, the publication reported Setubal as saying.
To contact the reporter on this story: Matthew Malinowski in Brasilia at mmalinowski@bloomberg.net.
To contact the editor responsible for this story: Joe Sabo at jsabo@bloomberg.net
Sponsored Link
Rate this Page
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.