It appears the series of issues that have impacted BTG Pactual over the past few months have stabilised, with the bank suggesting that client fund withdrawals and liquidity issues seen at the end of last year may be behind them. The company has also announced a new partnership with Bitcoin exchange Coinbase to allow customers in China to buy bitcoins using their credit cards or debit cards.
It appears the series of issues that have impacted BTG Pactual over the past few months have stabilised, with the bank suggesting that client fund withdrawals and liquidity issues seen at the end of last year may be behind them. As we noted in November last year, BTG Pactual faced a mass of client fund withdrawals that took place in the wake of the arrest of the bank's founder, Andre Esteves.