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LatinNews Daily - 19 February 2026
In brief: Brazil shutters another bank tied to Banco Master
*Brazil’s central bank (BCB) has ordered the liquidation of Banco Pleno, a private bank which used to be owned by collapsed bank Banco Master, which is currently subject to a fraud investigation. In a press release, the BCB attributed its decision to shutter Banco Pleno to the “compromised economic and financial situation” of the institution and the “infringement of rules governing its activity”. Banco Pleno was sold last year to a former partner in Banco Master, Augusto Lima, who has also been implicated in the sprawling fraud probe.
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