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Billionaires Battle for $1.9 Trillion of Brazilians’ Money

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An escalating battle between two billionaires is upending the financial community in São Paulo, Latin America’s wealthiest city. In one corner is André Esteves, the 53-year-old founder and biggest shareholder of Banco BTG Pactual SA, a regional investment banking powerhouse whose name is jokingly said to stand for “Better Than…

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