1. Brazil's FGC Insurance Fund Backs BTG Pactual's Rescue Bid for Struggling Banco Digimais
Brazil's deposit insurance fund, the FGC, is stepping in to support a critical bank rescue. Banco BTG Pactual SA's proposed acquisition of the capital-starved Banco Digimais SA is now receiving backing from the fund, a move that signals institutional intervention to stabilize a troubled segment of the financial sector....