Banking: BTG says Mexico is next and last

Brazilian house sets limits to expansion; Main focus on pan-Andean growth

BTG Pactual’s acquisition of Colombian brokerage Bolsa y Renta takes the Brazilian investment bank one step closer to fulfilling its Latin American strategy. According to Persio Arida, partner at BTG Pactual and chairman of the asset management division of the bank, the bank’s next target will be in Mexico City: “Our next country is going to be Mexico. We are still discussing between ourselves how best to approach the Mexican market – there are a number of alternatives.

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