• ##00 - 1Q16 net worth of BRL 1.071bn ( $ 308.25 m ) , down 13 billion YoY ; however , it beat expectations as its efforts to sell and cut funding following the arrest in 2001 of its founder Andre Esteves failed to boost 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.