Adding another link to its network of brokerage and asset management companies in Latin America, Bankers Trust New York Corp. is setting up an investment banking joint venture with Banco Itau SA in Brazil.

Bankers Trust and Banco Itau are putting $25 million each into the joint company, to be known as Itau Bankers Trust Banco de Investimento SA.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.