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 founde ...

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 Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...

. It was acquired by

Credit Suisse Credit Suisse Group AG is a global investment bank and financial services firm founded and based in Switzerland. Headquartered in Zürich, it maintains offices in all major financial centers around the world and is one of the nine global " ...

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