Under the MoU framework, SMBC and its Brazilian subsidiary Banco Sumitomo Mitsui Brasileiro will collaborate with BTG Pactual to offer the value-added products and services to their clients.
SMBC will cooperate with BTG Pactual in areas such as corporate finance, structured products, securitization, and cross border M&A, in support of Japanese and other Asian clients located or expanding into Brazil and Latin America.
In addition, SMBC will market BTG Pactual investment products.
SMBC established Latin Americas Marketing Department, Americas Division in order to continue to strengthen and increase its presence in the region under its global expansion strategy.
