Goldman Sachs noted that wealth management provides "an important source of recurring revenues" for BTG, saying the 61 billion reais managed by Julius Baer in Brazil represent 7% of the bank's ...

SAO PAULO (Reuters) - 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), ...

Julius Baer Brazil had assets under management of of 61 billion reais as of the end of November 2024, it said.

Julius Baer will present a strategy update, including new medium-term targets, ahead of summer 2025. More details, including exact timing and venue, are expected to be communicated together with the ...

(Bloomberg) -- Banco BTG Pactual SA, the biggest independent investment bank in Latin America, is close to a deal to acquire Julius Baer Group Ltd.’s Brazil unit, according to a person familiar ...

(Julius Baer Brazil), to Banco BTG Pactual S.A. (BTG). Julius Baer will continue to service Brazilian clients out of other locations and as such, the Brazil International business remains unaffected.

This Brazilian wealth unit, Julius Baer Brazil, serves high and ultra-high-net-worth clients through its presence in Sao Paulo, Belo Horizonte, and Rio de Janeiro. The business managed BRL61bn ($9 ...

(MENAFN- The Rio Times) The Swiss banking group Julius Baer has agreed to sell its wealth management and securities advisory business in Brazil to BTG Pactual. The deal, announced on Tuesday ...

SAO PAULO, Jan 6 (Reuters) - Brazilian investment bank BTG Pactual is set to announce the acquisition of Swiss private bank Julius Baer's (BAER.S), opens new tab local unit in a deal worth about 1 ...

Julius Baer opened an office in Brazil in 2005 and after that bought two of the biggest family offices in the nation, GPS and Reliance, merging the firms in February 2020 and creating an entity ...