Search

78 results for “Banco Master

Scandal of Top Justice’s Alleged Ties to Banker Plunges Brazil Supreme Court into Institutional Crisis
PoliticsSep 05

Scandal of Top Justice’s Alleged Ties to Banker Plunges Brazil Supreme Court into Institutional Crisis

The Supreme Federal Court (STF) faces an unprecedented crisis after revelations of a key justice’s alleged ties to a disgraced banker.

Brazil Supreme Court Institutional Crisis Deepens as Justices Demand Sanctions Over Banking Scandal
PROPoliticsSep 05

Brazil Supreme Court Institutional Crisis Deepens as Justices Demand Sanctions Over Banking Scandal

Feud between Justices Alexandre de Moraes and André Mendonça over the Banco Master scandal injects deep risk into Brazil's rule of law.

Lula Calls for 'Profound Reforms' of Brazilian Judiciary Amid STF Ethics Crisis
PROPoliticsSep 05

Lula Calls for 'Profound Reforms' of Brazilian Judiciary Amid STF Ethics Crisis

President Lula demanded structural reform of the judiciary as Supreme Court Justice Alexandre de Moraes faces a scandal involving a disgraced banker.

Brazil Supreme Court Chief Steps In as Justices War Over Probe Implicating Colleague
PROPoliticsSep 04

Brazil Supreme Court Chief Steps In as Justices War Over Probe Implicating Colleague

An institutional crisis at Brazil's Supreme Federal Court escalates as two powerful justices trade accusations over the 'Master Case' financial probe.

Brazil Supreme Court Faces Institutional Crisis Amid Judge Scandal and Push to Close 'Fake News' Inquiry
PoliticsSep 04

Brazil Supreme Court Faces Institutional Crisis Amid Judge Scandal and Push to Close 'Fake News' Inquiry

High-level corruption claims and public tension among justices threaten the credibility of Brazil's Supreme Federal Court.

Unprecedented Crisis Grips Brazil Supreme Court as Justices Clash Over Banco Master Scandal
PROPoliticsSep 04

Unprecedented Crisis Grips Brazil Supreme Court as Justices Clash Over Banco Master Scandal

The internal conflict between STF Justices Alexandre de Moraes and André Mendonça threatens the court's institutional stability.

Plea Bargain Exposes R$150 Million Bank Funds Link to Pro-Bolsonaro Film and Lawmaker’s Aide
PROPoliticsSep 03

Plea Bargain Exposes R$150 Million Bank Funds Link to Pro-Bolsonaro Film and Lawmaker’s Aide

Brazil's corruption probe widens as a plea deal links R$150M in bank funds to a political film and a top deputy.

Leaked Audio Ties Prominent Right-Wing Deputy Nikolas Ferreira to Arrested Banker in Brazil Mining Asset Favor
PoliticsSep 03

Leaked Audio Ties Prominent Right-Wing Deputy Nikolas Ferreira to Arrested Banker in Brazil Mining Asset Favor

Federal Deputy Nikolas Ferreira is under scrutiny after a leaked audio revealed he asked Daniel Vorcaro, the arrested former Banco Master owner, to unlock a mining asset.

Brazil Central Bank Liquidates Two Securities Firms Tied to Massive Banco Master Scandal
PoliticsSep 03

Brazil Central Bank Liquidates Two Securities Firms Tied to Massive Banco Master Scandal

Brazil's Central Bank liquidates two securities distribution firms, Trustee and Banvox DTVM, linked to the high-profile Banco Master money laundering and fraud investigation.

Federal Police Probe Links More BRB Directors to Massive Banco Master Scandal
PROPoliticsAug 21

Federal Police Probe Links More BRB Directors to Massive Banco Master Scandal

Federal Police in Brazil have widened their probe into the R$11.5 billion irregular acquisition of credit portfolios by state-owned Banco de Brasília.

Supreme Court Intervenes in R$6.6 Billion Brazil State Bank Bailout Amid Massive Fraud Scandal
PROPoliticsAug 20

Supreme Court Intervenes in R$6.6 Billion Brazil State Bank Bailout Amid Massive Fraud Scandal

STF Minister Luiz Fux is mediating a rescue plan for state-owned Banco de Brasília (BRB) after its exposure to the Banco Master fraud.

Brazil’s Central Bank Pressures State-Owned BRB Bank Over R$ 6.6 Billion Fraud Loss
PoliticsAug 17

Brazil’s Central Bank Pressures State-Owned BRB Bank Over R$ 6.6 Billion Fraud Loss

Central Bank demands capital action from BRB after a massive fraud, while the political liability risks liquidation or privatization.

Centrão’s Neutrality in Brazil Election Follows Report of Judicial Pressure Over Bank Scandal
PROMarketsAug 17

Centrão’s Neutrality in Brazil Election Follows Report of Judicial Pressure Over Bank Scandal

Allegations link the Centrão bloc's decision to withhold support for Flávio Bolsonaro to implied threats of judicial action.

Lula Nominates CVM Veteran Antonio Berwanger to Director Post Amid Market Integrity Scrutiny
PROPoliticsAug 04

Lula Nominates CVM Veteran Antonio Berwanger to Director Post Amid Market Integrity Scrutiny

Lula’s pick of career CVM staffer Antonio Berwanger signals a push for greater technical rigor at the securities regulator after the divisive Ambipar/Banco Master OPA case.

BRB Confirms Capitalization Plan After R$8.8 Billion Loss Provision Linked to Banco Master Fraud Scandal
PROSmall CapsJul 30

BRB Confirms Capitalization Plan After R$8.8 Billion Loss Provision Linked to Banco Master Fraud Scandal

Banco de Brasília (BRB) is implementing capitalization measures to cover a large loss provision tied to R$12B in alleged fraud with Banco Master.

Central Bank steps in over BRB's R$6.6B rescue delay
PoliticsJul 28

Central Bank steps in over BRB's R$6.6B rescue delay

Brazil's Central Bank intervenes as Banco de Brasília's R$6.6 billion rescue stalls over demands for public bank guarantees, raising systemic risk concerns.

Galípolo Meets BRB Leadership as R$6.6B Rescue Plan Stalls
PROPoliticsJul 28

Galípolo Meets BRB Leadership as R$6.6B Rescue Plan Stalls

BC President Gabriel Galípolo met with BRB to discuss restructuring amid a stalled R$6.6 billion rescue package, raising concerns over systemic risk.

Teresa Leitão Becomes Senate Leader to Push Fiscal, Labor Bills
PoliticsJun 30

Teresa Leitão Becomes Senate Leader to Push Fiscal, Labor Bills

Senator Teresa Leitão takes over as Senate Government Leader after Jaques Wagner's exit, facing high-stakes negotiations on the 6x1 work shift PEC.