President says BRB will have to reserve more than R$ 8 billion to cover fraud from Master
The president of BRB announced the need to reserve around R$ 8 billion due to fraud involving the purchase of fraudulent credit portfolios from Banco Master.
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.
BRB negotiates with BTG and other private banks for sale of assets purchased from Master
BRB is negotiating the sale of credit portfolios from Banco Master to major private banks in Brazil, including BTG Pactual.
BRB proposes to Central Bank the sale of credit portfolios purchased from Master
BRB (Bank of Brasília) seeks to sell high-quality credit portfolios from Banco Master to recover losses from a failed operation with Daniel Vorcaro's institution.
High Indebtedness Drives Sale of Delinquent Portfolios by Banks
The sale of delinquent credit portfolios reached R$ 34 billion in 2025, a 21.4% increase compared to 2024, indicating a growing market driven by high levels of debt.
PF investigates whether Vorcaro concealed participation in BRB
The Federal Police is investigating a financial scheme involving the purchase of BRB shares by Daniel Vorcaro, suspected of being part of a fraudulent scheme involving the acquisition of false payroll credit portfolios by the government bank.
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.
In a new investigation, the Federal Police focuses on the actions of BRB managers; including the purchase of credit portfolios from Master
The Federal Police is investigating BRB managers for their involvement in the purchase of credit portfolios, particularly one transaction that raised suspicions due to the Master bank's liquidity issues.