BRB gets $3 billion offer for master assets, government says

Banco de Brasilia SA’s controlling shareholder said the lender received an offer of 15 billion reais ($3 billion) for assets it obtained from Banco Master SA, as it seeks fresh capital to plug a hole ...
Yahoo Finance

BRB weighs new bid for Master after Brazil central bank blocks deal, source says

BRASILIA (Reuters) - Brazilian state-run lender BRB is weighing a fresh proposal for assets of Banco Master, a person familiar with the matter said, after the central bank blocked its initial bid, ...
The Cornell Daily Sun

How to Safely Spend Your BRB’s

I really thought that Cornell students would have greater control over the way they spend their BRB’s. BRB’s, formally known as “Big Red Bucks” are the currency that lets Cornell students purchase ...
Yahoo Finance

Brazil's BRB may book nearly $1 billion loss from Banco Master deals, central banker says

BRASILIA, Jan 29 (Reuters) - Brazilian state-run bank BRB will likely have to set aside more than 5 billion reais ($970 million) to cover transactions with failed lender Banco Master, a central bank ...
Bloomberg L.P.

Brazil’s BRB Nixes Meeting to Vote on $1.7 Billion Capital Boost

Banco de Brasilia SA canceled an extraordinary shareholder meeting that was to feature a vote on a capital increase of as much as 8.9 billion reais ($1.7 billion) designed to cover a hole left by ...