Luis Cezar Fernandes had planned to retire in two years’ time when he turned 55. The founder of Brazilian investment bank Pactual was looking forward to a more leisurely life on his farm. But that was before two crises erupted – the global meltdown that has challenged all Brazilian bankers and the rift inside Pactual that led to staff breaking away to start their own operation and a change in the firm’s ownership.
Fernandes is a self-made man who has overcome some long odds to reach his current position.
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