 In 1999, Ribeiro led the sale of Banco Patrimônio to Chase Manhattan and became president of Banco Chase Manhattan in Brazil, a position that he held until 2000.In 2001, Chase Manhattan acquired JP Morgan Bank and Ribeiro moved to New York to lead the bank's international equities area.For two years, he served as managing director responsible for the equity markets of Europe, Asia, South Africa, Latin America and Australia.