Itau Unibanco Holding SA, UBS Group AG, Julius Baer Group Ltd. and BTG Pactual Group are among other banks considering expanding or opening a wealth- management business in Argentina. Local firms including BBVA Banco Frances SA have also said .
Newly appointed co-chief executives Roberto Saloutti ... who oversees about $100 million in assets for Canepa Asset Management in Rio de Janeiro. Units BBTG11.SA, a blend of common and preferred shares in BTG Pactual's banking and buyout units, shed.
Grupo BTG Pactual , the Brazil investment bank that slashed its workforce this year and sold off assets to survive a liquidity crisis, is back in expansion mode. The firm plans to hire about 56 people and invest 1 billion reais ($318 million) of its own.
BTG Pactual has almost 70 partners, including Esteves, who control a combined 80% of the bank’s capital, according to bank data. New co-CEOs Kalim and Saloutti each have about 5.5%. The main partners, a group of seven executives including Kalim.
Grupo BTG Pactual , the Brazilian lender that slashed its workforce in 2016 and sold off assets to survive a liquidity crisis, is investing in Chile with plans to start lending. Rodrigo Oyarzo joined BTG to head the new credit business, according to.
Banco BTG Pactual SA had its credit grade cut to junk by Moody's Investors Service on concern that the investment bank will struggle to keep enough cash on hand and maintain its franchise following the arrest last week of its founder Andre Esteves.
“ Management is somewhat confident of a marginal recovery in the U.S. this year, but expects more tangible Trump-related benefits to be longer term,” BTG Pactual analysts Leonardo Correa and Caio Ribeiro wrote in a note to clients on Wednesday after .
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.
Andbank, the Andorran private bank with $26 billion under management , is joining the rush to grab market share among wealthy Brazilians living in Miami. The micro-state's largest bank has hired seven people for its Latin America private-banking.
HSBC Global Asset Management: Christian Deseglise, 47, was named regional head of wholesale for global asset management, North America. He was formerly with BTG Pactual where he ... s name was misspelled in an Executive Moves column originally published.
SAO PAULO--(BUSINESS WIRE)--Fitch Ratings has affirmed the International Scale Asset Manager Rating for BTG Pactual Asset Management DTVM S.A. (BTG Pactual ... Key-person risk is not relevant given that the main executives are partners of the institution.