Brazil's BTG Pactual reviewing allegations against CEO Esteves
SAO PAULO Nov 27 (Reuters) - Independent board members at Brazilian investment bank BTG Pactual SA are reviewing the facts related to allegations against controlling shareholder André Esteves, interim chief executive Persio Arida said in a letter obtained by Reuters on Friday.
In the letter, Arida reaffirmed that "the bank is solid and in a position of financial strength," allaying fears of accelerating withdrawals after Esteves was arrested Wednesday on suspicion of obstructing a vast corruption investigation. (Reporting by Paula Laier and Guillermo Parra-Bernal; Writing by Brad Haynes; Editing by Chizu Nomiyama)
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