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, businessman, and former tennis player with dual Brazilian and Swiss citizenship. Lemann co-founded investment firm 3G Capital, which owns brands such as Bur ...

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

Brazil Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...

, even being called by Forbes magazine "a Brazilian version" of

Goldman Sachs The Goldman Sachs Group, Inc. ( ) is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered in Lower Manhattan in New York City, with regional headquarters in many internationa ...

. It was acquired by

Credit Suisse Credit Suisse Group AG (, ) was a global Investment banking, investment bank and financial services firm founded and based in Switzerland. According to UBS, eventually Credit Suisse was to be fully integrated into UBS. While the integration ...

in June 1998 and now operates under the name "Banco de Investimentos Credit Suisse".

References

Defunct banks of Brazil Banks established in 1971 1971 establishments in Brazil Banks disestablished in 1998 1998 disestablishments in Brazil {{Brazil-econ-stub