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BTG Pactual Purchases Swiss Private Bank BSI for $1.29 Billion

BTG Pactual, the only publicly traded investment bank in Brazil, has concluded its purchase of BSI, the Swiss private banking unit of Assicurazioni Generali SpA for $1.29 billion.

Established in 1873, BSI is one of Switzerland’s oldest banks. The Lugano-based ba ...

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