10:24 AM EST, 12/19/2024 (MT Newswires) -- (Update with Banco Santander's response in the second paragraph.)

Banco Santander's (SAN) Brazil unit and Banco BRG Pactual are among companies in talks to buy Julius Baer Group's Brazil unit, Bloomberg reported Thursday, citing people familiar with the matter.

Santander declined to comment when contacted by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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