STF Mediation Ends Without Deal on R$6.6bn BRB Rescue Loan
Companies

STF Mediation Ends Without Deal on R$6.6bn BRB Rescue Loan

A Supreme Court conciliation hearing failed to unlock the R$6.6bn credit Brasília needs to capitalize Banco de Brasília,...

Declan Byrne 👁 41 💬 0
Supreme Court Mediates Fresh Push to Unlock R$6.6bn Rescue for Banco de Brasília
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Supreme Court Mediates Fresh Push to Unlock R$6.6bn Rescue for Banco de Brasília

A court-led conciliation meeting on 13 August will test whether federal officials, bankers and the DF government can sav...

Declan Byrne 👁 44 💬 0
Santander Offers €1.9 Billion to Buy Out Minority Stake in Brazilian Unit
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Santander Offers €1.9 Billion to Buy Out Minority Stake in Brazilian Unit

Santander has launched a €1.9bn share-swap offer for the 10% it does not already own of Santander Brasil, offering a 15%...

Declan Byrne 👁 45 💬 0
BRB Crisis: Bank President Meets Central Bank Chief to Unlock R$6.6 Billion Rescue
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BRB Crisis: Bank President Meets Central Bank Chief to Unlock R$6.6 Billion Rescue

BRB’s president and risk director met Brazil’s central bank chief on Monday to progress a R$6.6 billion state-backed loa...

Declan Byrne 👁 37 💬 0