September 17, 2018 |
Flávio Valadão's departure as the former head of Brazil investment banking at Santander has led to multiple top-down personnel changes at the Spanish bank's local subsidiary.
Ricardo Bellissi inherited Valadão's post but has left for a similar role at Goldman Sachs in Brazil a few months thereafter, a source told LatinFinance.
Paulo Mendes, the former head of investment banking and equities at Banco Votorantim, was subsequently picked up by Santander, who then helped facilitate the senior-level
Spanish bank's local arm welcomed a bunch of new hires recently, source