SAO PAULO--(BUSINESS WIRE)--Fitch Ratings has affirmed the ratings of Banco BTG Pactual S.A. (BTG Pactual) and its related parties: BTG Investments LP (BTGI) Banco Pan S.A. (PAN), Brazilian Finance & Real Estate S.A. (BFRE), Brazilian Mortgages Cia Hipotecaria (BM) and Brazilian Securities Cia de Securitizacao (BS) and of its holding company BTG Pactual Holding S.A. (BTGH). The Rating Outlook is revised to Stable from Positive. A full list of the actions taken is detailed at the end of this
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