UPDATE 1-Itaú exec sees sluggish Brazil credit market, stable defaults
October 01, 2014 at 18:01 PM EDT
SAO PAULO, Oct 1 (Reuters) - Brazil's credit markets will continue to sag as economic growth stagnates, with weak loan book growth trends extending well into next year, a senior executive at Itaú Unibanco Holding SA, the nation's largest bank by market value, said on Wednesday.