Tag Archives: BTG Pactual

How BTG came through the ultimate stress test

When Brazilian federal police knocked on the door of André Esteves’ Rio de Janeiro home on the morning of November 25, 2015, they were not only arresting one of the country’s most prominent bankers, they were also delivering a hammer … Continue reading

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Private banking: Brazil’s locals consolidate and fight for offshore

The hoped-for flows onshore from last year’s amnesty on offshore wealth have failed to materialise, so far. Meanwhile, Citi and HSBC have sold up. So where did a 15% increase in assets under management come from? Paulo Corchaki, head of … Continue reading

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BTG aims downmarket as technology reshapes Brazilian banking

Brazilian investment bank BTG Pactual has launched an internet-only bank that aims to win a 10% share of the R$650 billion ($190 billion) market for managing the money of the affluent retail sector in the country. The brand, BTG Pactual … Continue reading

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Latin America: Niche players thrive in wealth management

The large investment and private banks have withdrawn from many small Latin American markets and in their wake there has been a proliferation of niche wealth management boutiques focused on the region’s high net worth individuals. In Uruguay’s capital Montevideo, … Continue reading

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BTG fights for survival

The arrest of former BTG Pactual CEO, André Esteves, has finally extended the Brazilian corruption investigation, Lavo Jato, to the country’s financial industry. The fall-out for Brazil’s largest investment bank has been swift and severe, and its new management team … Continue reading

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Private banking spotlight lands on Mexico

Mexico has become the most attractive wealth management market in Latin America, and many regional wealth managers are looking at the best way to enter or expand the already-competitive market. With wealth creation slowing in the region, and particularly in … Continue reading

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BTG buys Swiss Private Bank

BTG Pactual is acquiring Swiss Private Bank BSI in a deal that will boost the Brazilian bank’s international private banking proposition. The deal, which is subject to regulatory approval and is expected to close in the first quarter of 2015, … Continue reading

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