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Event Brief

Brazil’s Banking Establishment Pushes Back Against Nubank

Brazil's digital bank Nubank clashes with the banking federation over credit costs and fintech taxes.
WHO: Nubank, Brazilian Banking Federation
WHAT: Clash over interest rates, bad loans, and tax bills
WHEN: Dec 4, 2025 at 7:00 PM ET
WHERE: Brazil
WHY: To address high credit costs and defend banking positions
Sources (1): Rio Times

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