Rio de Janeiro-based Banco
Pactual is one of the few standalone investment banks left in
Brazil. Its survival during the economic upheavals and takeover
mania of the last few years that snuffed out a host of local
firms is proof both of Pactual's skill in navigating turbulent
markets and its resilience.
Wall Street investment banks and many of the big local
players lack the agility of a smaller outfit like Pactual and
seem to lack its appetite for risk. Pactual has placed bond
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