UPDATE 2-BTG Pactual shares down on higher costs with retail unit
Shares in Latin America’s
largest investment bank, Banco BTG Pactual SA, were
down more than 4% after it reported a jump in costs related to
its newly launched retail unit, although fourth-quarter profit
rose more than 40% from a year earlier.
largest investment bank, Banco BTG Pactual SA, were
down more than 4% after it reported a jump in costs related to
its newly launched retail unit, although fourth-quarter profit
rose more than 40% from a year earlier.
Posted by Reuters
