{
Spiros Latsis

People

}
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001122334455554433221100

julius baer sells brazil wealth management unit to banco btg pactual

Julius Baer has agreed to sell its Brazilian wealth management subsidiary to Banco BTG Pactual for CHF 91 million, a move expected to enhance its CET1 capital ratio by approximately 30 basis points. The sale, which is subject to regulatory approvals and anticipated to close in Q1 2025, allows Julius Baer to continue serving Brazilian clients from other locations while focusing on enhancing investment capabilities.
finews.com
Swiss Franc Brazilian Real EFG International AG Banco BTG Pactual SA CHE BRA Juan Carlos Recoder Spiros Latsis
Finance & Economy, Press Release
08:14 07.01.2025

efg international emerges as favorite in bsi auction race

BSI is set to be auctioned off, with the bidding closing in February. EFG International, led by Greek billionaire Spiros Latsis, is the frontrunner with a bid of 1.3 billion francs, facing competition from a group including Bi-Invest and BancaStato, supported by UBS.
TicinoNews
Swiss Franc UBS AG EFG International AG GRC Spiros Latsis
TradFi, Market Report
09:35 07.11.2024
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