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