BTG Pactual - 1Q16 net income of BTG Pactual ($308.25m), down 13% YoY; however, it beat estimates as its efforts to sell and cut funding following the arrest in November of its founder Andre Esteves failed to slow the earnings momentum of the bank.
BTG Pactual - 1Q16 net income of BRL 1.071bn ($308.25m), down 13% YoY; however, it beat estimates as its efforts to sell and cut funding following the arrest in November of its founder Andre Esteves failed to slow the earnings momentum of the bank.