Banco de Brasilia SA’s shareholders approved a capital raise of as much as 8.8 billion reais ($1.8 billion) to help bolster the Brazilian bank after it was stung by transactions it made with the failed Banco Master SA.
BRB Shareholders Greenlight Capital Raise of Up to $1.8 Billion
Banco de Brasilia SA’s shareholders approved a capital raise of as much as 8.8 billion reais ($1.8 billion) to help bolster the Brazilian bank after it was stung by transactions it made with the failed Banco Master SA.
This article was originally published by
Bloomberg Markets
and is republished here under license.
Leave a Reply