Part of a cadre of mavericks who got astonishingly rich from Brazil's transformation into one of the world's top 10 economies in the 2000s, Esteves helped turn Grupo BTG Pactual into Latin America's biggest standalone investment bank. Supremely.
Taking advantage of some of the world's highest interest rates, investors who borrow in dollars to buy local assets are finding there's money to be made even as the peso drops and analysts call for further declines. BBVA Securities Inc. predicts dollar.
The bank will open an office in the South Florida city in July to serve wealthy Brazilian clients, Octavio de Lazari Jr., a managing officer at Bradesco, said in an interview at the company's headquarters in Osasco. Miami is a destination of.
Itau BBA suggested investors in Latin America increase their ownership of Brazilian stocks last week, while analysts from BTG Pactual Group and Citigroup Inc. are both sticking to buy recommendations for the country's assets . The latest revelations in.
“There is serious reputational risk involved and plenty of questions left unanswered,” BTG Pactual analysts led by Gordon Lee wrote in a report. “At a minimum, this news will inflict some reputational damage on both Cemex and CLH; and, for the latter.
LarrainVial, Chile's largest securities brokerage firm, is looking to open an office in Argentina as soon as this year on optimism President Mauricio Macri's administration will continue to resuscitate the country's moribund capitals market. After more.
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Strategists and investors are tempering their expectations as corporate profits slide, growth slows and the U.S. presidential election rattles investors. UBS Group AG expects a 10 percent drop in the IPC index by the end of the year. BTG Pactual cut.
II Deep Dive: The Incredible Shrinking Hedge Fund Industry] Northern Trust’s Capital Market Assumptions report – an annual piece of research providing a five-year outlook that will inform the investment management firm’s asset allocation decisions.
Bloomberg) -- Andre Esteves, the billionaire founder of investment bank Grupo BTG Pactual, didn’t participate in a corruption ... The stock lost more than 35 percent of its value at the time. Management scratched ambitions for the bank to become a.
Grupo BTG Pactual SA, the Brazilian bank trying to shore up cash after the arrest of its billionaire founder, is seeking to sell BSI, the Swiss private-banking unit it acquired three months ago, according to a person with knowledge of the situation. To.
This acquisition, which expands BTG Pactual's current timberland investment platform ... With R$186.1bn in funds under management and/or administration, the Asset Management area was voted the Best Fund Manager in Brazil by Exame magazine and Fundação.