BTG Pactual to cut 25 pct of Brazil-based staff, source says
January 27, 2016 at 17:38 PM EST
SAO PAULO, Jan 27 (Reuters) - Grupo BTG Pactual SA is planning to dismiss up to 25 percent of Brazil-based staff, a source with direct knowledge of the matter said on Wednesday, as the embattled investment-banking firm downsizes operations following the November arrest of founder André Esteves.