UBS Buys Back Into Brazil
Almost a year to the day after UBS announced it was exiting Brazil through the sale of Pactual, the Swiss bank has unveiled an agreement to acquire Brazilian brokerage Link Investimentos for BRL195m. A purchase had been expected, since acquisition is understood to be the fastest route to acquiring a license, a process that is apparently fraught...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.