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28 results for “Banco Master scandal

Political and Judicial Scandal Raises Institutional Risk in Brazil, Diverting Focus from Key Economic Decisions
Markets31m ago

Political and Judicial Scandal Raises Institutional Risk in Brazil, Diverting Focus from Key Economic Decisions

A deepening financial fraud probe involving Brazil's top political and judicial figures overshadows critical moves on rare earths, tax reform, and a volatile gambling ban.

Eurasia Group Warns Brazil Institutional Risk Premium Rises on Master/Moraes Scandal
PROPolitics2h ago

Eurasia Group Warns Brazil Institutional Risk Premium Rises on Master/Moraes Scandal

A risk consultancy warned that the fallout from the Banco Master precatórios scandal is raising Brazil's institutional risk premium for foreign investors.

Brazil’s Election Campaign Derailed by Unprecedented Judicial Crisis and Supreme Court Feud
PROPolitics8h ago

Brazil’s Election Campaign Derailed by Unprecedented Judicial Crisis and Supreme Court Feud

An institutional feud within the Supreme Federal Court over the Banco Master scandal, coupled with a key electoral ruling, has displaced policy debate in Brazil’s presidential race.

Judicial Order Forces Brazil to Review Key Capital Market Oversight Rules After Massive Banking Fraud
PROPoliticsSep 20

Judicial Order Forces Brazil to Review Key Capital Market Oversight Rules After Massive Banking Fraud

STF Justice Flávio Dino ordered the review of CVM regulations on investment funds, citing regulatory flaws exposed by the Banco Master scandal.

Brazil’s Supreme Court Orders Sweeping Overhaul of Securities Regulation After Massive Financial Fraud Scandal
MarketsSep 20

Brazil’s Supreme Court Orders Sweeping Overhaul of Securities Regulation After Massive Financial Fraud Scandal

STF Minister Flávio Dino mandated a 90-day review of Brazil's capital markets regulation after the Banco Master fraud exposed 'systemic permissiveness' at the CVM.

Video Shows Brazil Supreme Court Justice Alexandre de Moraes on Private Jet Linked to Jailed Banker Daniel Vorcaro
PoliticsSep 20

Video Shows Brazil Supreme Court Justice Alexandre de Moraes on Private Jet Linked to Jailed Banker Daniel Vorcaro

Leaked video contradicts Justice Moraes's denial of using a jet tied to former Banco Master controller Daniel Vorcaro, escalating an institutional crisis.

Technical Glitch Stalls STF Access to Key 500GB Vorcaro Phone Data in Brazil's Banking Scandal
PROPoliticsSep 19

Technical Glitch Stalls STF Access to Key 500GB Vorcaro Phone Data in Brazil's Banking Scandal

STF Ministers André Mendonça and Luiz Fux reported technical difficulties accessing the full cell phone data of jailed ex-banker Daniel Vorcaro, deepening a crisis within Brazil's highest court.

Banking Scandal Triggers Judicial War, Reshaping Brazil's 2026 Presidential Race
PROPoliticsSep 16

Banking Scandal Triggers Judicial War, Reshaping Brazil's 2026 Presidential Race

A massive banking fraud investigation has metastasized into an unprecedented feud between Supreme Court justices, directly impacting the tight race between Lula and Flávio Bolsonaro.

Lula Proposes STF Term Limits and Nepotism Ban Amid Brazil’s Judicial Crisis
PoliticsSep 16

Lula Proposes STF Term Limits and Nepotism Ban Amid Brazil’s Judicial Crisis

President Lula called for a “profound reform” of Brazil's Supreme Court, demanding term limits and new ethics rules for ministers following the highly publicized Banco Master scandal.

Brazil STF Crisis Deepens as Justice Zanin Demands Full Access to Banker’s Cell Phone Data Ahead of Vote on Moraes Case
PoliticsSep 14

Brazil STF Crisis Deepens as Justice Zanin Demands Full Access to Banker’s Cell Phone Data Ahead of Vote on Moraes Case

STF Justice Cristiano Zanin ordered the Federal Police to deliver the complete cell phone data of former banker Daniel Vorcaro to his office, intensifying a conflict at Brazil's Supreme Court over an investigation involving Justice Alexandre de Moraes.

Brazil Supreme Court Crisis Deepens as Justices Clash Over Moraes's Links to Banco Master Scandal
PROPoliticsSep 14

Brazil Supreme Court Crisis Deepens as Justices Clash Over Moraes's Links to Banco Master Scandal

Open conflict at the STF escalates as the court prepares to analyze a potential investigation into Justice Alexandre de Moraes over his family's links to the R$12 billion Banco Master fraud.

Lula Demands Full Transparency in Banco Master Scandal, Calls It Brazil’s ‘Biggest Financial Crime’
PoliticsSep 13

Lula Demands Full Transparency in Banco Master Scandal, Calls It Brazil’s ‘Biggest Financial Crime’

President Lula called for the "complete lifting of the confidentiality" in the Banco Master case to address an "institutional crisis" in Brazil’s judiciary.

Bolsonaro Challenger Flávio Under Probe Over Corrupt Banker's Film
PoliticsSep 12

Bolsonaro Challenger Flávio Under Probe Over Corrupt Banker's Film

Brazil's Supreme Court is investigating presidential candidate Flávio Bolsonaro for allegedly using R$61 million from a disgraced banker to fund a biopic.

Unsealed Evidence Against Bolsonaro Challenger Flávio Deepens Brazil’s Judicial and Election Crisis
MarketsSep 12

Unsealed Evidence Against Bolsonaro Challenger Flávio Deepens Brazil’s Judicial and Election Crisis

Documents detailing a R$61 million payment to Senator Flávio Bolsonaro have been unsealed, escalating an unprecedented political and judicial crisis weeks before Brazil's October 4 election.

Brazil STF Crisis Deepens as Justices Face Separate Integrity Votes
PoliticsSep 12

Brazil STF Crisis Deepens as Justices Face Separate Integrity Votes

Brazil’s Supreme Court scheduled separate votes on investigations into Justices Moraes and Mendonça, fueling institutional instability amid the Banco Master scandal.

Brazil Police Report Details Candidate Flávio Bolsonaro’s Direct Contact With Disgraced Banker Daniel Vorcaro
PoliticsSep 12

Brazil Police Report Details Candidate Flávio Bolsonaro’s Direct Contact With Disgraced Banker Daniel Vorcaro

A Federal Police report reveals presidential candidate Flávio Bolsonaro pressed former Banco Master CEO Daniel Vorcaro for payments to finance the film 'Dark Horse' about his father, Jair Bolsonaro.

Brazil STF Justice Lifts Secrecy on Key Probes Targeting Bolsonaro Son, Ciro Nogueira Ahead of Election
PoliticsSep 12

Brazil STF Justice Lifts Secrecy on Key Probes Targeting Bolsonaro Son, Ciro Nogueira Ahead of Election

Supreme Court Justice André Mendonça unsealed 39 judicial processes, exposing details in the 'Dark Horse' film and Banco Master corruption investigations involving top politicians.

Brazil’s Political Risk Spikes Long-Term Rates After Supreme Court Unseals Master Case
MarketsSep 11

Brazil’s Political Risk Spikes Long-Term Rates After Supreme Court Unseals Master Case

Long-term interest rates in Brazil jumped on Friday after the Supreme Federal Court unsealed documents in a massive political-financial fraud scandal.

Political Turmoil and Banking Scandal Push Brazil’s Presidential Race to a Statistical Tie
MarketsSep 11

Political Turmoil and Banking Scandal Push Brazil’s Presidential Race to a Statistical Tie

An explosive judicial feud linked to a banking fraud scandal has tightened the presidential election, while major court rulings redefine risk for agribusiness and mining.

Unsealed Police Reports Detail Central Bank Supervisors' Role in Daniel Vorcaro Corruption Scheme
PROPoliticsSep 11

Unsealed Police Reports Detail Central Bank Supervisors' Role in Daniel Vorcaro Corruption Scheme

Federal Police reports unsealed by the Supreme Court reveal that high-ranking Central Bank supervisors acted as 'informal consultants' for the ex-banker at the heart of the Banco Master scandal, receiving travel and payments for insider help.

Brazil’s STF President Fachin Intervenes to Quell Judicial Crisis and Remove Alexandre de Moraes from Key Inquiry
PROPoliticsSep 10

Brazil’s STF President Fachin Intervenes to Quell Judicial Crisis and Remove Alexandre de Moraes from Key Inquiry

Supreme Federal Court President Edson Fachin took decisive action to stabilize the STF amid an unprecedented judicial crisis, removing Justice Alexandre de Moraes as rapporteur for the controversial "Fake News" inquiry and stabilizing the Federal Police command.

Lula Demands 'Complete Disclosure' in Banco Master Case as STF Crisis Deepens
PoliticsSep 10

Lula Demands 'Complete Disclosure' in Banco Master Case as STF Crisis Deepens

President Lula called for the full lifting of secrecy in the investigation of Brazil's largest financial crime amid an institutional crisis at the Supreme Court.

Brazil today: Supreme Court feud and gang defiance shake 2026 race
MarketsSep 06

Brazil today: Supreme Court feud and gang defiance shake 2026 race

A widening Supreme Court feud over the Banco Master scandal and a presidential candidate defying a gang campaign ban are reshaping Brazil's political landscape.

Brazil Banco Master Scandal Reshapes 2026 Race and Court Reform
PoliticsSep 06

Brazil Banco Master Scandal Reshapes 2026 Race and Court Reform

Leaked texts between a jailed banker and Justice Alexandre de Moraes fuel conservative impeachment demands and force President Lula to propose judicial reform.

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.

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.

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.