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Morning Scan: Brazilian Banker Arrested in Petrobras Scandal; Wells Fargo Probed | Secured Yields Morning Scan: Brazilian Banker Arrested in Petrobras Scandal; Wells Fargo Probed – Secured Yields

Morning Scan: Brazilian Banker Arrested in Petrobras Scandal; Wells Fargo Probed

Receiving Wide Coverage … Brazilian Bank CEO Jailed: The chief executive of Brazil’s largest independent investment bank has resigned after being arrested last week. Andre Esteves left his post at the helm of BTG Pactual, the Wall Street Journal reports. Esteves is the bank’s controlling shareholder and also served as chairman. The Brazilian banker has found himself caught up in investigations regarding corruption at the state-controlled oil company Petroleo Brasileiro (Petrobras). His resignation follows a decision…
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