BRB Sells Banco Master-Linked Assets to Quadra Capital
BRB (Banco de Brasília) has signed an agreement with Quadra Capital for the sale of assets linked to Banco Master. The deal is valued at $2.9 billion.
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BRB (Banco de Brasília) has signed an agreement with Quadra Capital for the sale of assets linked to Banco Master. The deal is valued at $2.9 billion.
Brazil Top Court Keeps Banco Master’s Ex-CEO in Jail For Now Bloomberg.com
The owner of Banco Master has been arrested on allegations of obstructing an ongoing investigation.

A former president of a public bank in Brazil has been arrested as part of Operation Compliance Zero, which is investigating a scheme to divert funds from Banco Master through fraudulent transactions.
An opinion piece discusses ongoing investigations into Banco Master, highlighting potentially unethical and criminal entanglements between public authorities and the financial market in Brazil.

Daniel Vorcaro, the owner of the collapsed Brazilian bank Banco Master, has been arrested for a second time amid allegations of illegal surveillance and intimidation of critics.
Brazil's audit court has sidestepped a ruling concerning Banco Master as parallel investigations into the matter continue to unfold.
Brazil is facing a significant scandal as a probe investigates central bankers for allegedly providing assistance to the now-failed Banco Master.
The scandal involving Daniel Vorcaro and the liquidation of Banco Master by the Central Bank remains a significant concern in Brasília, affecting politicians.