BTG Pactual Shares Tumble 20% Following CEO Arrest – ValueWalk Premium
BTG Pactual

BTG Pactual Shares Tumble 20% Following CEO Arrest

BTG Pactual, one of Latin America’s biggest investment banks, plunged over 20% after Andre Esteves, the CEO and controlling shareholder, was arrested in the corruption probe that has shaken Brazil’s political and economic leadership.

According to an official for the federal Supreme Court, which authorized the action, Esteves is under temporary arrest for a maximum of five days.


Esteves credited for transforming BTG Pactual
Andrew Esteves has been credited with transforming Grupo . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

Here’s a Tip: Read What Professional Investors Read

ValueWalk Premium is for investors looking to improve their investment process AND keep up-to-date on the latest industry trends.

It’s THE resource for value investing and hedge funds. 📈

And with a free three-day trial and $29.99 per month thereafter, it’s a value in its own right.

Sign up now. 👇

CLICK HERE TO TRY IT OUT

 

0