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Brazil’s Central Bank Fines Banco Genial and Bars Its CEO for Four Years

Rio Times

BusinessRio Times·Aug 13, 2026·1 min read

Brazil’s Central Bank Fines Banco Genial and Bars Its CEO for Four Years

Brazil's Central Bank has fined Banco Genial about R$21.6 million (about US$4.0 million) and barred its chief executive for four years, citing foreign-exchange irregularities and internal control failures. The regulator announced the…

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