Itau BBA leads M&A deals in Brazil. Rothschilds pushed back to 2nd place

Brazilian investment bank Itau BBA pushes Rothschild from the No. 1 spot among advisers on Brazilian mergers and acquisitions. Itau BBA supplanted other heavy international competition such as Citigroup and Credit Suisse. Itau BBA accounted for 27 deals totaling $35.4 billion, according to data compiled by Bloomberg through today. Banco BTG Pactual is the other Brazilian bank who boostingContinue reading “Itau BBA leads M&A deals in Brazil. Rothschilds pushed back to 2nd place”

Brazilian banks mergers: BTG Pactual partners with SMBC and Itau buys stake in Carrefour Bank

In the past days, Brazilian banks mergers hit the news. First, it was Banco do Brasil, acting according to its internationalization strategy, just acquired another bank in Argentina. Now, BTG Pactual, an independent investment bank in Brazil, signed a memorandum of understanding with Sumitomo Mitsui Banking Corporation (SMBC) to work together in Brazilian-related business activities and Itau-UnibancoContinue reading “Brazilian banks mergers: BTG Pactual partners with SMBC and Itau buys stake in Carrefour Bank”