BTG Pactual Posts Upbeat Q4 Profit

BTG Pactual Group reported a better-than-expected fourth-quarter profit. BTG Pactual's quarterly net income came in at 854 million reais ($436 million), versus analysts' estimates of 677.5 million reais. Its total revenue climbed 12% quarter-over-quarter to 1.891 billion reais, beating estimates of 1.35 billion reais.