Renumeration: Brazilian bucks leave globals gasping
Gilberto Sayão, a former senior partner with Andre Esteves, who is still expecting another $200 million from the initial Pactual sale in 2006 to UBS, is leaving with another 29 old partners. The other half are slipping in nicely with Esteves’ plan of local investment banking domination.
The 35 partners that are staying have taken on their stock share and have already seen the value of the bank rocket up. One source at BTG Pactual notes: “BTG announced its acquisition of Pactual in April for $2.4
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