UPDATE 1-Brazil’s BTG Pactual Q2 profit jumps 74%
SAO PAULO, Aug 10 (Reuters) – Brazilian lender Banco BTG Pactual SA reported on Tuesday a 74% rise in second-quarter recurring net income, to 1.719 billion reais ($328.48 million), amid booming capital markets activity in the country.
BTG’s revenue came in at 3.771 billion reais, a 52% jump from a year earlier, mainly driven by lending, investment banking and asset management fees.
By Carolina Mandl via Reuters