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.
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