Brazil Regulator Says Master Deals Left BRB With $1 Billion Hole
A Brazilian state-owned bank is coming under increased scrutiny as regulators estimate transactions tied to failed Banco Master SA left a nearly $1 billion gap in its finances.
By Matheus Piovesana, Martha Viotti Beck · Bloomberg Markets
A Brazilian state-owned bank is coming under increased scrutiny as regulators estimate transactions tied to failed Banco Master SA left a nearly $1 billion gap in its finances.