“Brazilian group BTG Pactual, Latin America's largest investment bank, is awaiting authorisation from Uruguay's Central Bank (BCU) to begin operating in the local financial market following its $175 million acquisition of HSBC Uruguay, agreed in July 2025. Group executives expect regulatory approval to come through by mid-year, allowing them to begin operations gradually in the second half of 2026.
Original story
Continue reading at MercoPress
en.mercopress.com
Summary generated from the RSS feed of MercoPress. All article rights belong to the original publisher. Click through to read the full piece on en.mercopress.com.