BTG and Itau innovate by opening onshore fund platforms to third parties

“Almost all funds in the market are now available on our digital platform,” BTG Pactual Digital's Marcelo Flora told Fund Pro Latin America. “For us, offering open architecture is a way to truly put the client first."

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Itaú has pole position for acquisition of Citi’s Brazilian retail banking operation

Itaú has reportedly outbid Banco Santander in initial offers presented to Citigroup. The Spanish bank is exclusively negotiating on Citi's Argentine operation while Scotiabank is in talks for its Colombian holdings.

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Citi Private Bank continues to build out Latin American team

As newly named head of the Latin American multi-asset trading & advisory team, Nicolas Schmidt-Urzua will be responsible for providing complex trading solutions to the firm’s most sophisticated capital markets clients, including active traders.

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Citibank wealth advisor joins Merrill’s UNHW strategic advisory group

Fabio Concesi joined Merrill's Lynch’s Strategic Wealth Advisory Group to help clients with USD 10 million or more with their estate planning and other wealth planning.

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Scotiabank to acquire Citibank’s retail and commercial banking operations in Peru

"This acquisition is in line with our strategy to increase our scale within the Peruvian banking sector, as well as the other Pacific Alliance economies of Mexico, Colombia and Chile," said Dieter Jentsch, group head of international banking at Scotiabank.

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