BTG Pactual Said to Be in Talks to Sell Its Swiss Bank to EFG

  • EFG was top bidder and will probably start exclusive talks: FT
  • Zurich-based EFG oversaw 80 billion Swiss francs as of June

Grupo BTG Pactual AG, the Brazilian investment bank trying to shore up cash after its founder’s arrest, is in talks to sell its Swiss bank BSI to EFG International AG, according to a person with knowledge of the matter.

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