Banco Garantia

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Banco Garantia
Company typeSubsidiary
IndustryFinancial services
Founded1971; 53 years ago (1971)
FounderJorge Paulo Lemann
Defunct1998; 26 years ago (1998)
HeadquartersRio de Janeiro, Brazil
Key people
Adolfo Campelo Gentil
Luiz Cezar Fernandes
Jorge Paulo Lemann
Marcel Herrmann Telles
Carlos Alberto Sicupira
ProductsInvestment
ParentCredit Suisse (1998–present)

Banco Garantia was a bank founded in Rio de Janeiro by businessman Adolfo Campelo Gentil and Jorge Paulo Lemann in 1971. For years it was considered one of the most prestigious and innovative investment banks in Brazil, 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".[1]

References[edit]

  1. ^ "CS First Boston to buy Brazil's Garantia - Jun. 10, 1998".