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MarketsReportedLow
2.1

Fami Capital acquires Rio Capital, custody reaches R$80bn

Brazilian asset manager Fami Capital has acquired Rio Capital, boosting its custody to R$80 billion. The deal signals continued consolidation in Brazil's wealth management sector. Financial terms were not disclosed.

InfoMoney2 days agoBRCredibility 48%View source

Score Breakdown

Mosaic Score2.1
Model confidence0.5
Significance0.1
Source credibility0.5

Intelligence Tags

#m&a#asset-management#brazil#wealth-management

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Related signals

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