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A scandal cost Brazil billionaire banker Andre Esteves his job as CEO, but not control

RIO DE JANEIRO, BRAZIL -(REUTERS) Twenty-three days in a Rio de Janeiro jail and getting stripped of his chief executive role were enough to make billionaire banker Andre Esteves consider leaving both Brazil and BTG Pactual, the biggest investment bank in Latin America and the Caribbean he founded.

Six years later, Esteves, whose stake in the bank is worth roughly R$40 billion (US$7.89 billion), is closing in on a comeback, four sources with direct knowledge of the situation told Reuters.

Far from quitting, the sources said Esteves has increasingly controlled key decisions at the bank even . . .

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