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Intercorp Financial Services Inc. (IFS) Joins Top Five Holdings at Lingohr Asset Management
Yahoo Finance· 2025-10-02 21:39
Intercorp Financial Services Inc. (NYSE:IFS) is among the under-the-radar dividend stocks benefiting from AI. During the second quarter, Lingohr Asset Management GmbH acquired a new position in Intercorp Financial Services Inc. (NYSE:IFS) following the purchase of 40,535 shares of the company’s stock, making the stock its fifth largest holding. According to a recent disclosure with the SEC, the firm’s investment in the company is now valued at approximately $1,532,000. Few companies are able to perfectly ...
Trading Floor to Banking Empire: BTG’s Rise Rocks Brazil Finance
MINT· 2025-09-17 18:19
(Bloomberg) -- When Roberto Sallouti says his bank, Brazil’s Banco BTG Pactual SA, is diversifying revenue, he really means it. Ten years ago, when Sallouti took over as chief executive officer, sales and trading made up the bulk of BTG’s revenue, with corporate lending, asset and wealth management much smaller slivers of the balance sheet. Now, lending alone is a 7.6 billion-real ($1.4 billion) business, which last year overtook sales and trading for the first time. The bank’s assets under management ...