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10 results for “Banco de Brasilia”
Brazil Federal Police Accuse Governor of Interference in Bank Deal
Federal Police reports sent to the Supreme Court detail direct intervention by DF Governor Ibaneis Rocha in a fraudulent R$ 12.2 billion BRB-Banco Master deal.
Federal Police Probe Flávio Bolsonaro BRB Loan in Bank Master Scandal
Brazilian investigators probe a R$ 3.1 million state-bank loan granted to presidential candidate Flávio Bolsonaro, raising political risk before the runoff.
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
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 Supreme Court Mediates R$6.6 Billion Rescue Loan to Avert State Bank Liquidation
Brazil's STF is mediating a R$6.6 billion loan from the FGC to state-owned Banco de Brasília (BRB) amid a transparency crisis.
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
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
BC President Gabriel Galípolo met with BRB to discuss restructuring amid a stalled R$6.6 billion rescue package, raising concerns over systemic risk.
BRB Rescue Stalls Over Missing Financials and Guarantee Demands
A stalled R$6.6 billion rescue for Banco de Brasília (BRB) over missing financial statements and guarantee disputes raises systemic risks for Brazilian assets.
BRB Rescue Stalemate Drags on B3 Stocks and Real
BC President Galípolo met with Banco de Brasília leadership as a R$6.6 billion rescue package remains stalled, weighing on B3 stocks and the real.