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3 results for “consignado”
Politics• Sep 19
Rejected Plea Deal Alleges Bolsonaro and Tarcísio Campaign Kickbacks for Payroll Loan Exclusivity
Ex-banker Daniel Vorcaro alleged in a rejected plea deal that R$5 million in 2022 campaign donations to Jair Bolsonaro and Tarcísio de Freitas were kickbacks tied to a lucrative payroll loan contract in São Paulo.
Small Caps• Aug 07
Wiz Co Q2 Earnings Drop on Regulatory Headwinds, Consignado Loan Volume Suppression
Brazilian insurtech Wiz Co (WIZC3) net revenue ex-commissions dropped 18% YoY, pressured by 'consignado' market regulation.
PROPolitics• Aug 04
Brazil Locks INSS Payroll Loan Cap at 1.85% Until Selic Hits 10.5%
Decision stabilizes credit margins for major Brazil banks like Itaú and Bradesco, tying future rate cuts to aggressive BCB easing.