Brazil's Central Bank chief Gabriel Galípolo met BRB president Nelson Antônio de Souza behind closed doors on Monday as the Brasília bank awaits a R$6.6 billion rescue package. The meeting comes amid mounting delays in finalising the bailout tied to losses from BRB's exposure to Banco Master.
Why did Brazil's Central Bank chief meet BRB's president?
Gabriel Galípolo, president of the Banco Central do Brasil, held a closed-door meeting on Monday (27) with Nelson Antônio de Souza, president of Banco de Brasília (BRB). The session, which ran from 3:30 to 4:30 p.m., also included BC's Supervision Director Ailton de Aquino Santos and BRB's Risk and Control Director Ana Paula Teixeira de Sousa. Officially, the agenda listed only
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