Alberto Safra, one of the sons of Lebanese-Brazilian billionaire banker Joseph S...
FILE PHOTO: A man walks in front of the Banco Safra SA headquarter in Sao Paulo March 26, 2015. REUTERS/Paulo Whitaker
Banco Safra also said in its statement that Chief Executive Officer Rossano Maranhao had left the bank. Late on Monday, the bank said Alberto Corsetti, a longtime Safra executive, would replace Maranhao. The siblings had been arguing about who would oversee a digital wallet system that would mark the family’s first foray into retail banking.
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