Brazil's federal police raided businessmen Daniel Vorcaro and Nelson Tanure amid a fraud probe into Banco Master. The operation is the second phase of a police investigation scrutinizing suspected ...
A judge at Brazil's federal audit court TCU said on Monday that he may consider measures to prevent the sale of assets during ...
Banco Master is seeking a new credit line of as much as 12 billion reais ($2.2 billion) from Brazilian deposit insurance fund FGC to keep its operations running while it tries to sell assets, ...
(Bloomberg) -- The chief executive officer of Brazil’s failed bank Banco Master SA denied accusations of fraud that led the lender to liquidation last Tuesday, one of the biggest of its kind in the ...
Brazilian lender BRB to hire audit firm to investigate facts linked to Banco Master Brazilian state-run bank BRB said on Wednesday that its board decided to hire a specialized external audit firm to ...
In a nation that might love to make a splash, Brazilian businessman Daniel Vorcaro has led with a measured, steady approach. Photo courtesy Daniel Vorcaro/Banco Master Photo courtesy Daniel ...
SAO PAULO (Reuters) - Brazilian bank BRB has agreed to buy fellow lender Banco Master, newspaper O Globo reported on Friday, adding that the deal had been approved by BRB's board of directors and is ...
Brazil's central bank ordered on Thursday the liquidation of brokerage REAG, currently known as CBSF, according to a document ...
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