EFG International taps ex-Citi Latam director to head Americas team

Marcelo Coscarelli had been managing director for wealthy and HNW clients at Citibank Latin America. From 2008 through 2012, he was COO at Itaú Private Bank International in Miami.

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To raise cash, BTG ponders sale of Swiss bank to EFG

EFG, the Swiss private bank controlled by billionaire Spiro Latsis and his family, would double its assets under management should the sale go through.

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Fitch cites Brazil’s ‘deterioration’ in lowering of BTG Pactual’s rating outlook

The downgraded outlook reflects a change in Fitch's view on BTG's acquisition of BSI, a private bank headquartered in Switzerland, due to the significant deterioration in Brazil's operating environment.

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Delay in kickoff of independent-worker pension scheme impacts AFP Planvital and BTG

AFP Planvital is about to become a direct victim of the delay, since it would have benefited from independent workers' new compulsory flows. The situation complicates any potential plan by the AFP's owner - BTG Pactual - to sell the AFP to a third party.

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Generali enters talks with Brazil’s BTG Pactual for BSI sale

The Italian group is selling its Swiss private banking unit as part of a plan to focus on its asset management arm, Generali Investments Europe.

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