Tag: BTG Pactual

• Tuesday, July 29th 2025 - 10:30 UTC

  HSBC sells out operations in Uruguay to leading Brazilian bank

  

  Brazilian bank BTG Pactual has acquired the Uruguayan operations of British bank HSBC for US$175 million, marking BTG Pactual's entry into Uruguay and HSBC's exit from the market as part of its global restructuring strategy. The deal, announced on Monday, includes both equity and additional capital instruments and is subject to regulatory approvals.

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