1. Brazil's FGC Withholds BRB Bailout, Demands Loss Clarity Amid Banco Master Fallout
Brazil's deposit insurance fund, the FGC, has hit the brakes on a critical rescue loan for Banco de Brasília (BRB), escalating pressure on the state-controlled lender. The fund is refusing to release funds until BRB provides a clear, quantified assessment of its losses and a precise figure for the capital injection req...