Julius Baer to Sell Brazil Unit to Btg Pactual

BTG Pactual to acquire Julius Baer’s Brazilian wealth unit
Julius Baer Brazil serves high and ultra-high-net-worth clients in São Paulo, Belo Horizonte, and Rio de Janeiro.
BTG Pactual to buy Julius Baer's Brazil unit in $164 million deal, local media reports
Brazilian investment bank BTG Pactual is set to announce the acquisition of Swiss private bank Julius Baer's local unit in a deal worth about 1 billion reais ($163.6 million), newspaper O Globo reported on Monday.
BTG Pactual to buy Julius Baer unit
Brazil’s BTG Pactual agreed to acquire the local operations of Swiss private bank Julius Baer for BRL615 million ($101 million), bolstering its position in the wealth management business, the lenders said Tuesday.
Julius Baer Brazil CEO Likely to Stay at BTG After Acquisition
Fernando Vallada, Julius Baer Group Ltd.’s chief executive officer for Brazil, is expected to stay at Banco BTG Pactual SA after the Brazilian bank acquires the business from the Swiss wealth manager,
Julius Baer to Sell Brazil Unit to BTG Pactual for $101 Million
Julius Baer Group Ltd. said it would sell its domestic Brazilian business to Banco BTG Pactual SA, the biggest independent investment bank in Latin America, for 615 million reais ($101 million).
Swiss bank Julius Baer sells Brazil wealth business to BTG Pactual
Julius Baer said on Tuesday it had agreed to sell its Brazilian domestic wealth management business to Banco BTG Pactual, days before Stefan Bollinger takes over as chief executive after a difficult year for the Swiss bank.
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