Brazil s BTG has no plans to merge with Banco Pan, says CFO reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Brazil s BTG Pactual eyeing acquisition of asset managers, CFO says Reuters 3 days ago
SAO PAULO, May 11 (Reuters) - Brazilian bank Banco BTG Pactual SA is considering the acquisition of some asset management firms to expand its wealth management business, Chief Financial Officer Joao Dantas told journalists on Tuesday.
Dantas said BTG is mainly interested in bringing renowned asset management firms to the bank to complete its offering portfolio. Still, Dantas said BTG is focusing on small to middle-sized deals.
(Reporting by Carolina Mandl; Editing by Leslie Adler)