SAO PAULO, Aug 4 (Reuters) - Itau Unibanco Holding SA's ITUB4.SA Chief Executive Candido Bracher told journalists on Tuesday that next year he sees Brazil's 90-day default ratio reaching higher levels than in previous crisis.
To weather the impact of the coronavirus crisis, the bank is seeking a nominal reduction in operating expenses this year and next, Chief Financial Officer Milton Maluhy said.
(Reporting by Carolina Mandl, editing by Louise Heavens)
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