Senate could veto federal aid to struggling financial institutions, project predicts
A new banking resolution project proposed by the Brazilian government allows the Senate to block federal financial support to troubled banks and financial institutions.
Bill to be voted on Wednesday is a response to the Master case, says Hugo Motta
Brazil's Chamber of Deputies is set to vote on a banking resolution bill aimed at strengthening the Central Bank's ability to manage troubled financial institutions, following the collapse of Banco Master.
Federalization of BRB Begins to Be Discussed Among Bankers
The potential federalization of the BRB (Bank of BrasÃlia) is being considered among bankers as a possible resolution for the state institution's crisis, although it is not the preferred option for the government of the Federal District.