Brazil Federal Police summons central bank chiefs, BTG banker in Banco Master probe

Brazil's Federal Police has summoned central bank president Gabriel Galípolo, predecessor Roberto Campos Neto, and BTG Pactual banker André Esteves to testify as witnesses in an investigation into alleged favoritism toward Banco Master's Daniel Vorcaro by central bank officials. The probe marks an escalation in scrutiny of central bank conduct, with senior figures now compelled to testify. The outcome could affect institutional credibility and market perceptions of regulatory independence.