(Reuters) Brazilian financier André Esteves resigned as chief executive officer and chairman of Grupo BTG Pactual SA late on Sunday after he was jailed as part of a corruption probe rapidly ensnaring Latin America’s largest independent investment bank.
Prosecutors are preparing to file charges against the billionaire dealmaker, whom they suspect, along with a senator, of trying to obstruct a long-running graft probe at state-controlled Petroleo Brasileiro SA, or Petrobras. Esteves, through his lawyer, has denied the allegations.
