Brazil’s BTG Pactual Shines with Record Profits in Challenging Times

BTG Pactual (BPAC11) started 2024 strongly, recording a net profit of R$2.9 billion ($568.6 million) in the first quarter, up 27.7% from last year. The bank also posted R$5.9 billion ($1.16 billion) in total revenues, a 22.7% increase. In tough economic conditions, BTG Pactual attributes its success to higher net inflows, broader client bases, and […]