Banco Master

A curated breakdown of the key developments, investigations, and perspectives shaping the Banco Master banking fraud case in Brazil.

Banco Master

Jun 18, 2026

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8 min read

🦅 Hawkish prose, dovish move 🕊️

The Central Bank's latest rate decision. What Lula did during the G7 Summit. The Master investigation gets closer to the government.

Gustavo Ribeiro

Banco Master

Jun 10, 2026

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8 min read

🪨 Brazil has reserves, not regulators

Budget cuts for regulators raise concerns amid rare-earth push. The latest polls are going in Lula’s favor. The Banco Master investigations reach the Bahamas.

Gustavo Ribeiro

Banco Master

Jun 1, 2026

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10 min read

⚠️ Pix at risk?

The US’s sword of Damocles over Brazil's economy. Vorcaro’s plea deal negotiations continue. Our interview with the Dutch ambassador to Brazil.

Gustavo Ribeiro, +1

Banco Master

May 26, 2026

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8 min read

🕞 Clocking out

The agreement to scrap the six-day workweek. Brazilian oil amid the Middle East crisis. Police search Rio ex-governor’s home for the second time in two weeks.

Gustavo Ribeiro

Banco Master

May 25, 2026

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8 min read

😎 Impunity drive

The latest self-preservation measures from Brazil’s Congress. The Vorcaro leaks have affected Flávio’s polling, but he’s not out of contention. Outside capital on the cards for flailing Correios?

Gustavo Ribeiro

Banco Master

May 19, 2026

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7 min read

👮 A law-and-order plot twist

What Brazilians really want when it comes to public security. Flávio Bolsonaro must answer to his own party in today’s showdown meeting.

Gustavo Ribeiro

Banco Master

💡 Every institutional crisis is an electoral opportunity

May 18, 2026

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8 min read

💡 Every institutional crisis is an electoral opportunity

Joaquim Barbosa set for an outsider presidential run. What’s next for Flávio Bolsonaro after the compromising Banco Master leaks? Airlines try to save fuel while the Iran conflict continues.

Gustavo Ribeiro

Banco Master

May 15, 2026

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10 min read

🐴 Bolsonaro's ‘Dark Horse’ turns Trojan

What the Vorcaro leaks could mean for Flávio Bolsonaro’s candidacy going forward. Out of office for a matter of weeks, Rio’s ex-governor already faces police trouble.

Gustavo Ribeiro

Banco Master

🗯 The Master scandal reaches the Bolsonaros

May 14, 2026

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9 min read

🗯 The Master scandal reaches the Bolsonaros

Flávio Bolsonaro gets roped into the Banco Master scandal. Lula’s latest fuel prices measure. Brazil’s first IPO in half a decade.

Gustavo Ribeiro, +1

Banco Master

May 7, 2026

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8 min read

⛏️ Earth, Wind & Niobium

Lawmakers seek to create a critical minerals policy. A prominent senator is targeted by a Banco Master police operation. A step closer to a Chikungunya vaccine on Brazil's public system.

Gustavo Ribeiro

Banco Master

Apr 29, 2026

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8 min read

🤔 To bail or not to bail

The Brasília government wants Lula to bail out BRB. A flight from Sint Maarten encapsulates Brazil’s problem with lobbying. A customs scandal in Rio de Janeiro.

Gustavo Ribeiro

Banco Master

Apr 14, 2026

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11 min read

🇷🇺 Russian whispers

Russia’s network of media narratives in Brazil and Latin America. Senate inquiry takes aim at the Supreme Court. We speak to Ireland’s ambassador to Brazil.

Gustavo Ribeiro, +1

Banco Master

Apr 10, 2026

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14 min read

🍯 Honey pot capitalism

The latest Banco Master revelations verge on the salacious. Electoral court leadership will change hands earlier than expected. The Iran war’s effect on inflation.

Gustavo Ribeiro

Banco Master

Mar 20, 2026

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17 min read

👋 Haddad: the good and the bad

The good and the bad of Haddad’s term as finance minister. As Vorcaro edges closer to entering plea negotiations, the Supreme Court closes ranks.

Gustavo Ribeiro

Banco Master

Mar 19, 2026

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4 min read

🎙️ Podcast: Time to investigate Brazil's Supreme Court justices?

The Banco Master suspicions have shed unprecedented light on a court long undermined by a culture of tolerance toward conflicts of interest and lobbying by justices’ relatives

Isabela Cruz

Banco Master

Mar 17, 2026

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14 min read

🇧🇴 Brazil wants Bolivian gas

Three new deals between Brazil and Bolivia. Dino rules to end mandatory retirement farce for judges. Banco Master rapporteur wants leaks to stop.

Gustavo Ribeiro

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