Brazil's federal audit court does not have authority to overturn a central bank decision to liquidate lender Banco Master and ...

A judge at Brazil's federal audit court TCU said on Monday that he may consider measures to prevent the sale of assets during ...

The head of Brazil’s Audit Court said that only the Supreme Court can reverse a central bank decision to liquidate troubled Banco Master SA, effectively backing away from a previous threat to overturn ...

A judge on Brazil's federal audit court (TCU) on Thursday agreed to a request from the central bank to submit for a plenary ...

A member of Brazil’s audit court ordered an investigation of the central bank’s procedures that were used to liquidate Banco Master SA, a move that risks undermining the legal certainty of the bank’s ...

Jhonatan de Jesus, a member of Brazil’s Federal Court of Accounts (TCU), on January 5 ordered an inquiry into the BCB’s ...

Banco Master is seeking a new credit line of as much as 12 billion reais ($2.2 billion) from Brazilian deposit insurance fund FGC to keep its operations running while it tries to sell assets, ...

BRASILIA (Reuters) - Brazilian lender Banco Master is advancing in talks with investment bank BTG Pactual to sell assets left over after a deal in which state-controlled bank BRB acquired most of its ...

Banco de Brasilia SA stock slumped the most since April after Brazil’s central bank rejected its acquisition of the troubled lender Banco Master SA, leaving the target of the proposed acquisition with ...

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SAO PAULO (Reuters) - Brazilian bank BRB has agreed to buy fellow lender Banco Master, newspaper O Globo reported on Friday, adding that the deal had been approved by BRB's board of directors and is ...