Banco Garantia was a bank founded in Rio de Janeiro by businessman Adolfo Campelo Gentil and

Jorge Paulo Lemann Jorge Paulo Lemann (born August 26, 1939) is a Brazilian billionaire investment banker and businessman with dual Brazilian and Swiss citizenship. Early life In 1939, Lemann was born in Rio de Janeiro to Paul Lemann, a Swiss immigrant who founded ...

in 1971. For years it was considered one of the most prestigious and innovative investment banks in

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

, even being called by Forbes magazine "a Brazilian version" of Goldman Sachs. It was acquired by Credit Suisse in June 1998 and now operates under the name "Banco de Investimentos Credit Suisse".

References

Defunct banks of Brazil Banks established in the 1970s 1970s establishments in Brazil Banks disestablished in 1998 1998 disestablishments in Brazil {{Brazil-econ-stub