Bc Orders the Master's Extrajudicial Settlement
4 Articles
4 Articles
The Court determined the departure of the President of the Bank of Brazil (BRB), Paulo Henrique Costa, in the context of the Operation Compliance Zero, which was staged in this Wednesday (18) by the Federal Police. The investigation established a scheme for the issue and negotiation of credit claims involving the Bank Master and, according to claims, with the participation of the BRB. The court decision provides for an initial 60-day distance an…
The ECB (Central Bank) ruled on this Wednesday (18) the extra-judicial settlement of the Bank Master. In the course of the decision, the Managing Authority also decided by decreeing the Temporary Special Administration Scheme for another company related to the group, the Bank Master Multipolo S.A. The standard also establishes the appointment of the temporary special administrator and the insolvency of the assets of the controllers and former ad…
The BC ruled this morning the judicial liquidation of the Bank Master, the bank of Daniel Vorcaro, which was arrested today by the PF and is with its real assets. Also read: PF takes Daniel Vorcaro, the Bank Master knows more: The President of the BRB is removed Other business in the financial sector belonging to Vorcaro were also subject to the decree: Banco Master Multipol, Bank Master of Investment, Bank Letsbank and Master S/A.
Advertisement takes place almost a month after BC rejects a partial purchase proposal from the institution by BRB
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