Information on relatives was also allegedly accessed and leaked by the Federal Revenue staff 02/18/2026 Brazil’s Supreme Federal Court (STF) said in a statement released Tuesday (17) that confidential tax data of its justices and their relatives were improperly accessed by employees of the Federal Revenue, the country’s tax authority, and later leaked […]
Combined profit of Itaú, Bradesco, Santander and Banco do Brasil fell 4.4% to R$107.8bn, dragged down by BB’s agriculture losses 02/13/2026 Brazil’s largest banks are entering 2026 with a more cautious stance after a slower 2025, marked by a modest credit expansion, higher loan-loss provisions, partly due to regulatory changes, and relatively […]
Suspension of salary add-ons by Supreme Court justice puts controversial issue back on radar in election yea 02/13/2026 Seen as off the table in this election year, the administrative reform bill reported by Federal Deputy Pedro Paulo (Social Democratic Party, PSD, Rio de Janeiro) gained political momentum after Justice Flávio Dino suspended the payment of salary […]
Police cite Dias Toffoli in probe tied to Daniel Vorcaro, founder of failed bank; Supreme Court reassigns inquiry to Justice André Mendonça 02/13/2026 After weeks of intense pressure, Supreme Court Justice Dias Toffoli stepped down on Thursday (12) from overseeing the criminal investigations involving Banco Master. The decision came after a […]
Higher rates and volatility dragged revenue down 12% in 2025, but banks expect a rebound with rate cuts and IPO pipeline in 2026 02/09/2026 Amid market volatility and weak equity activity, investment banking revenue in Brazil dropped again in 2025, falling to its lowest level in at least five years, according to data […]
Analysts expect gradual profit recovery in 2026, helped by lower interest rates and operational resilience despite a sluggish economy 02/09/2026 The fourth-quarter 2025 earnings season may mark a turning point for Brazilian companies. Despite clear signs of economic slowdown, analysts expect operational resilience, combined with an anticipated interest rate cut starting in March, […]
Technocrats warn it could make it difficult to comply with spending cap, as spending watchdog orders government to justify budget freezes and blocks interference in operating funds 02/06/2026 A decision by Brazil’s Federal Court of Accounts (TCU) on Wednesday (4) tightening budget management rules for regulatory agencies was seen by government technicians […]
Drop in intermediate goods and fuel imports tempers second-best January trade surplus on record 02/06/2026 Brazil’s trade balance started 2026 with a $4.3 billion surplus, the second-best January result in the historical series, behind only the peak in 2024. However, both exports and, more sharply, imports fell compared to January 2025. Government […]
Company seeks international partners to fund processing complex 02/05/2026 Cabo Verde Mineração, a Brazilian company based in Belo Horizonte, has identified a new target area for rare earth extraction. The site, known as Alvo Botelhos, lies on the edge of the Poços de Caldas Alkaline Complex in southern Minas Gerais and has […]