BTG Pactual’s jailed Esteves quits as bank’s chairman and CEO
( November 29, 2015, 16:00 GMT | Official Statement) -- MLex Summary: Brazilian investment bank BTG Pactual on Sunday announced that its chairman and CEO, André Santos Eseves had resigned from his roles. Esteves was arrested last week and is currently in jail awaiting charges following allegations he worked with a senior senator to obstruct a long-running investigation into corruption at state-run Petróleo Brasileiro, or Petrobras. The chairman’s role was split, and two new interim co-CEOs were appointed.BTG Pactual statement follows....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.