MarketsNotablePartialDeveloping
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Brazil government reverses course, imposes tax on bank deposit receipts
Valor Econômico·BR·1 day ago
A new book 'Os Safra' chronicles the 150-year construction of the Safra family's financial empire, including a notable 1988 episode where Joseph and Moise Safra made large savings deposits at Brazilian banks, sparking market speculation. The book offers historical insight into the dynasty's banking operations, but no current market-moving information is disclosed.