You are here

How Brazil's scam-tainted banking golden boy built an empire

The personal fortune of Esteves, who was arrested last month in Rio de Janeiro, has been falling. His riches peaked at US$4.9 billion in September of 2014. He is now less than half as wealthy.

Sao Paulo

ANDRE Esteves, the brash banker who once joked his firm's name, Grupo BTG Pactual, stood for "better than Goldman", has become the latest high-profile executive dragged into Brazil's widening corruption scandal.

The 47-year-old billionaire was arrested last month in Rio...

Market voices on: