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”