Deals
BTG Declines as Firm Separates From Jailed Founder Esteves
- Billionaire Andre Esteves gives up all of his posts at company
- Partners seek to buy ex-chairman's stake as arrest is extended
BTG Pactual Allays Customer Fears of a Cash Crunch
This article is for subscribers only.
Grupo BTG Pactual SA plunged Monday after Brazilian billionaire Andre Esteves was jailed indefinitely and resigned all of his posts at the firm he helped build. The bank’s leaders spent the weekend in emergency talks to sell assets and acquire his controlling stake.
QuickTake Brazil’s Highs and Lows