Event Brief
Brazil deposit insurer says Banco Master crisis cost R$57.4B
Filed: Apr 29, 2026 at 8:05 AM ET
Summary: Brazil’s deposit-insurance fund FGC said the Banco Master crisis cost it R$57.4 billion in 2025.
WHO: Fundo Garantidor de Créditos (FGC)
WHAT: FGC released its 2025 annual report detailing the Banco Master crisis cost.
WHEN: Apr 29, 2026 at 7:01 AM ET
WHERE: Brazil
WHY: The report documented losses from the FGC Banco Master crisis.
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