News Brazil Markets: Brazil's central bank shuts down $16-billion bank following federal fraud investigation
Brazil’s government on Tuesday shut down Banco Master, a bank worth up to $16 billion in assets, following a sprawling federal police fraud investigation. Central Bank executive Fabio Carlos Ferreira said in a statement that all assets belonging to Banco Master and its current and former administrators have been seized. The bank, which has faced liquidity problems for months, is now under the control of a government-appointed administrator.
News Brazil Markets: Opening a Brazilian Bank Account as a Foreigner Starts With a Tax Number
How to open a bank account in Brazil as a foreigner in 2026: the CPF first, the documents residents and non-residents need, which banks accept the RNM ...
News Brazil Markets: Brazil Outranks US in Crypto Adoption During Worst Bear Market Since 2022
Brazil tops Chainalysis' 2026 grassroots crypto adoption index, ranking above the US as crypto's market cap fell 50%.
News Brazil Markets: Brazilian Bank Rebound Signal as Banco Bradesco Executive Panico Buys $784,288 in Shares
Panico's acquisition represents 31% of his prior equity stake, bringing his direct position to nearly 185,000 shares despite a significant gap between purchase and current market prices.
News Brazil Markets: Brazil to seek new markets in face of U.S. tariffs, Lula says
Brazilian President Luiz Inácio Lula da Silva said his country will continue negotiating with the United States despite an additional 25% U.S. tariff.
News Brazil Markets: Brazil posts modest second-quarter growth, central bank index shows
BRASILIA, Aug 17 (Reuters) - Brazil's economy expanded just 0.2% in the second quarter from the previous three-month period, a central bank indicator showed on Monday, signaling a loss of momentum from the year's strong start, particularly in the all-important services sector. The IBC-Br economic activity index, viewed by markets as a proxy for gross domestic product, fell 0.6% in June from the
News Brazil Markets: EMERGING MARKETS-Brazil's real jumps as strong inflation boosts rate hike bets
Brazil's real rose the most among Latin American currencies on Tuesday after a bigger-than-expected spike in annual inflation strengthened expectations for another strong interest rate hike by the ...
