BTG Pactual had redemptions following CEO arrest, source says
November 25, 2015 at 15:17 PM EST
SAO PAULO, Nov 25 (Reuters) - Clients withdrew funds equivalent to less than 1 percent of assets under management at Grupo BTG Pactual SA following the arrest of the investment bank's top executive on Wednesday, an amount smaller than initially thought, according to a source with knowledge of the bank's strategy.
