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Banco do Brasil shares surge 13% as Bolsonaro leads first round
InfoMoney·BR·3 days ago
André Esteves, founder of BTG Pactual, profited $2.7 billion from pre-election positions anticipating Bolsonaro's victory, per El Financiero. The report highlights insider-like gains but lacks corroboration. This underscores political-market linkages in Brazil, though the claim's reliability is uncertain.
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