Brazil's Caixa sees defaults soar as bet on riskier loans escalates
August 14, 2014 at 15:44 PM EDT
SAO PAULO, Aug 14 (Reuters) - Loan delinquencies at Brazilian state-run bank Caixa Econômica Federal jumped to the highest in more than five years in the second quarter as Brazil's largest mortgage lender ventured into riskier segments such as overdraft and working capital loans.
