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Emerging Markets

Brazil’s Central Bank Liquidates Simpala, a Finance Group Holding US$129 Million in Deposits

The Rio Times · 1h ago · 🇧🇷 Brazil

Brazil’s Central Bank Liquidates Simpala, a Finance Group Holding US$129 Million in Deposits

Brazil's Central Bank has ordered the liquidation of the Simpala finance group and its roughly R$669 million in deposits, the latest shutdown since the Banco Master collapse. The post Brazil’s Central Bank Liquidates Simpala, a Finance Group Holding US$129 Million in Deposits appeared first on The Rio Times .

Read the full story at The Rio Times →

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