CogniCurrent Icon

COGNICURRENT

A compact global news feed for the bigger picture.

Regions
Topics
Saved views:
Save your current filters to revisit or share.
27 stories
🇧🇷 Folha (PT)
National & Local

BRB bets on Flamengo's bank to generate revenue, says president to DF deputies

The president of BRB (Banco de Brasília) expressed confidence in the digital bank of Flamengo as a business opportunity to generate revenue, addressing the deputies of the Federal District.

Mar 3 • 02:37 UTC
🇧🇷 G1 (PT)
National & Local

BRB calls on STF to receive resources from Banco Master handed over to the liquidator

The president of Banco de Brasília (BRB) has initiated a legal action with Brazil's Supreme Court to recover financial resources linked to credit portfolios acquired from Banco Master following its liquidation.

Mar 3 • 00:50 UTC
🇧🇷 G1 (PT)
National & Local

Master Case: Damage caused to BRB estimated at R$ 8 billion, says president of public bank

The president of the Banco de Brasília announced that the financial damage from failed transactions with Bank Master is estimated at R$ 8 billion.

Mar 2 • 23:55 UTC
🇧🇷 Folha (PT)
National & Local

Deputy from Ibaneis' base wants more information and says there is no consensus to approve project to 'save' BRB

A deputy allied with Governor Ibaneis Rocha has expressed a need for more information and indicated a lack of consensus regarding a proposed law aimed at supporting the Banco de Brasília (BRB) with significant financial implications.

Mar 2 • 22:38 UTC
🇧🇷 G1 (PT)
National & Local

Government sets value of properties that DF wants to use as collateral for BRB loan; see list

The Brazilian government has outlined the values of properties to be used as collateral for a billion-dollar loan from the Banco de Brasília (BRB), totaling approximately R$ 6.4 billion.

Mar 2 • 16:28 UTC
🇧🇷 G1 (PT)
National & Local

Celina Leão says that properties in the DF will not be sold to support BRB; ongoing project provides for this possibility

Deputy Governor Celina Leão of the Federal District asserts that a government project to support the Banco de Brasília will not involve the sale of public properties, although the proposed legislation contradicts this assertion by allowing property sales.

Feb 27 • 20:08 UTC
🇧🇷 G1 (PT)
National & Local

Court blocks R$ 376.4 million in shares owned by Vorcaro and two other individuals investigated in BRB case

The Brasília Court has blocked R$ 376.4 million in shares belonging to Daniel Vorcaro and two others, linked to an investigation into fraud involving Banco de Brasília.

Feb 26 • 23:40 UTC
🇧🇷 G1 (PT)
National & Local

BRB wants to increase capital by R$ 8.8 billion and issue up to 1.67 billion shares to strengthen equity

The Banco de Brasília (BRB) plans to issue up to 1.67 billion shares to raise capital and strengthen its equity, with a minimum target of R$ 529 million and a maximum of R$ 8.86 billion.

Feb 26 • 14:39 UTC
🇧🇷 Folha (PT)
National & Local

BRB studies selling stakes in different subsidiaries as part of capitalization plan

BRB (Banco de Brasília) is considering selling minority stakes in its subsidiaries to raise funds due to financial issues following losses with Banco Master.

Feb 26 • 07:00 UTC
🇧🇷 Folha (PT)
National & Local

BRB proposes a capital injection of up to R$ 8.86 billion for the bank after losses with Master

BRB has proposed a capital injection of up to R$ 8.86 billion for its shareholders following losses related to Banco Master.

Feb 26 • 00:38 UTC
🇧🇷 Folha (PT)
National & Local

BRB calls shareholders to vote on bank capital increase on March 18

The BRB (Bank of Brasília) has summoned its shareholders for a special assembly on March 18 to vote on a proposed capital increase, which hinges on the approval of a law project by the local government.

Feb 25 • 17:34 UTC
🇧🇷 Folha (PT)
National & Local

Chairman of Caixa's board says the bank is monitoring BRB's situation but denies negotiation

Rogério Ceron, the chairman of Caixa's board, stated that while the bank is observing the situation of BRB (Bank of Brasília) for potential business opportunities, there are currently no negotiations ongoing.

Feb 25 • 15:15 UTC
🇧🇷 G1 (PT)
National & Local

BRB summons shareholders to vote on increasing the bank's share capital; the DF Chamber still needs to approve the measures

The Banco de Brasília (BRB) is convening a meeting for shareholders to vote on increasing its share capital, contingent on the approval of a legislative proposal involving the transfer of nine public properties.

Feb 24 • 22:00 UTC
🇧🇷 G1 (PT)
National & Local

School Uniform Card can be withdrawn directly from BRB agencies

The School Uniform Card for public school students in Brazil can now be collected at agencies of the Banco de Brasília (BRB), with funds available for purchasing uniforms.

Feb 24 • 12:03 UTC
🇧🇷 Folha (PT)
National & Local

Environmental protection area and local site in legal impasse are part of DF project to assist BRB

The government of the Federal District of Brazil has proposed a law to use public properties, including an environmental protection area, to help capitalize the Banco de Brasília.

Feb 24 • 02:00 UTC
🇧🇷 G1 (PT)
National & Local

DF Government wants to offer 12 public properties as collateral for BRB to secure loan

The District Federal government is preparing a bill to use 12 public properties as collateral for a billion-dollar loan from the Banco de Brasília (BRB).

Feb 20 • 23:55 UTC
🇧🇷 Folha (PT)
National & Local

Former BRB Director Called to Provide Clarifications in Internal Audit

Dario Oswaldo Garcia Júnior, the former Finance and Control Director of BRB, is set to provide information regarding frauds connected to Banco Master during an upcoming internal audit.

Feb 18 • 15:57 UTC
🇧🇷 Folha (PT)
National & Local

BRB announces resignation of advisors linked to Reag

BRB (Banco de Brasília) announced the resignation of two advisors whose appointments were linked to the Reag-managed fund Borneo, which is under liquidation.

Feb 17 • 00:15 UTC
🇧🇷 Folha (PT)
National & Local

Treasury authorizes BRB to sell loan portfolios guaranteed by the Union

Brazil's National Treasury has allowed the Bank of Brasília to sell loan portfolios backed by Union guarantees to improve liquidity amid the organization's financial struggles.

Feb 11 • 02:00 UTC
🇧🇷 Folha (PT)
National & Local

Ibaneis fails to gather allied base to discuss BRB

The Governor of the Federal District, Ibaneis Rocha, canceled a planned dinner with local deputies over concerns that the meeting would lack sufficient attendance amid a banking scandal.

Feb 10 • 02:00 UTC
🇧🇷 G1 (PT)
National & Local

BRB's Legal Director Resigns

Jacques Maurício Ferreira Veloso de Melo has resigned as the legal director of the Banco de Brasília, effective next Saturday.

Feb 10 • 00:39 UTC
🇧🇷 G1 (PT)
Crime & Justice

CNJ will investigate the transfer of R$ 2.8 billion from TJ-MA to Banco de Brasília

The National Justice Corregedoria will investigate the transfer of R$ 2.8 billion in judicial deposits from the Maranhão Court of Justice to the Banco de Brasília amid concerns about the bank being under Federal Police investigation.

Feb 6 • 21:48 UTC
🇧🇷 G1 (PT)
National & Local

BRB President Goes to Faria Lima to Negotiate Sale of Assets Purchased from Master

The President of Banco de Brasília (BRB) is traveling to São Paulo to negotiate the sale of credit portfolios acquired from Banco Master.

Feb 4 • 12:00 UTC
🇧🇷 G1 (PT)
National & Local

BRB has until Friday to tell the Central Bank how it will restore at least R$ 5 billion in its balance sheet; understand

The Banco de Brasília (BRB) must submit a plan to the Central Bank by Friday to reinforce its balance sheet by at least R$ 5 billion, aiming to ensure its market credibility.

Feb 3 • 23:55 UTC
🇧🇷 G1 (PT)
National & Local

Impeachment requests against Ibaneis dominate the first session of 2026 in the DF Chamber

The first legislative session of 2026 in the Federal District Chamber was marked by impeachment requests against the governor and an investigation into the Banco Master and Banco de Brasília.

Feb 3 • 21:22 UTC
🇧🇷 Folha (PT)
National & Local

Dispute between Ibaneis and opposition threatens solution for BRB

The electoral dispute in the Federal District has led to accusations between the government and opposition regarding responsibility for the crisis at the Banco de Brasília (BRB), complicating financial recovery efforts for the state-owned bank.

Feb 3 • 02:00 UTC
🇧🇷 G1 (PT)
Crime & Justice

Fraudulent management of a financial institution is the crime with the highest penalty under investigation in the Master case

The crime of fraudulent management of a financial institution, which carries a prison sentence of 3 to 12 years, is the most serious charge in the investigation surrounding the attempted acquisition of Banco Master by Banco Regional de Brasília in 2025.

Feb 2 • 10:52 UTC

Story in context

Loading Intelligence...

📡

Select a report from the feed to view analysis and related coverage.