Public Meets Private: Brazil’s BRB Acquires Banco Master to Rival Giants

A top official announced on March 28, 2025, that Banco de Brasília (BRB) acquired 58% of Banco Master for R$ 2 billion ($351 million). Paulo Henrique Costa, BRB’s president, drives this strategic shift to expand the public bank beyond its Federal District roots. The deal merges BRB’s 15 million clients with Master’s niche strengths, targeting […]