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Banco Master Leaves R$52 Billion Hole in Deposit Fund

Summary by The Rio Times
Key Points — Banco Master and its affiliates Will Bank and Banco Pleno left a record R$51.8 billion ($9.3 billion) hole in Brazil’s deposit guarantee fund despite holding just 0.57% of the banking system’s total assets — The FGC has already paid out nearly R$40 billion to affected depositors and investment funds linked to the […] The post Banco Master Leaves R$52 Billion Hole in Deposit Fund appeared first on The Rio Times.

4 Articles

Lean Right

Governor of the Federal District signed a referendum this Saturday morning to compete with the Senate

·Brazil
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Folha de S.PauloFolha de S.Paulo
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UOLUOL

The Governor of the Federal District, Ibaneis Rocha (MDB), completed his mandate in this low (28), exactly one year after the bank's purchase year by BRB (Banco de Bras lai), esc stopped him from putting him in front of the major crisis since he was elected in 2018. Read more (03/28/2026)

·São Paulo, Brazil
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UOL broke the news in Brazil on Saturday, March 28, 2026.
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