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Brazil's BRB rescue: Fux gives 15 days for Union, BC, FGC to guarantee R$6.6bn loan
Poder360·BR·about 18 hours ago
Brazil's Credit Guarantee Fund (FGC) warned the Central Bank in August 2025 that further support to Banco Master might be less favorable than liquidation. This is part of a Federal Police investigation into the bank, with court secrecy lifted. The warning suggests potential financial instability and regulatory concerns in Brazil's banking sector.