SAO PAULO, Aug 13 (Reuters) – Latin America’s largest independent investment bank, Banco BTG Pactual SA, reported a 50.2% jump in second-quarter recurring profit on Tuesday, as trading and proprietary investment gains increased as well as management fees.
Recurring net income, which excludes one-time items, rose to 1.029 billion reais ($258 million) from 685 million reais a year earlier.
By Carolina Mandl via Reuters