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8 results for “Gabriel Galipolo”

Lula Proposes Banning Banks From Issuing Multiple Credit Cards
President Lula announced plans to restrict Brazilians to one credit card each, targeting high consumer debt and revolving interest rates of 449%.

Brazil’s Federal Police Summon Central Bank Leaders, BTG Founder in Financial Fraud Probe
Current and former Central Bank Presidents summoned as witnesses in a widening regulatory capture investigation.

Brazil Central Bank Chief Gabriel Galípolo Warns Unsecured Credit Risks Consumer Debt ‘Snowball Effect’
Central Bank President Galípolo flagged high-interest consumer debt, mainly credit cards, as a major risk to financial stability.

Galípolo Meets BRB Leadership Amid R$6.6B Rescue Impasse
Central Bank of Brazil President Gabriel Galípolo met with BRB leadership as a R$6.6 billion rescue package remains stalled, impacting B3 assets.

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 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.

Ibovespa tests 173k as easing rate outlook lifts equities
Brazil's Ibovespa rises 1.22% to 172,742.12 points as a cooling IPCA-15 inflation reading and reassuring Central Bank remarks relieve domestic rate pressures.