02.10.2015 - Brazil watching impact of scandals, currency drop on banks
Fallout from Brazil's biggest corruption scandal and the impact of a currency slump on bank balance sheets require "special attention" from regulators, the country's central bank said on Thursday, potentially a warning sign that market turmoil in Latin America's largest economy could escalate. Nevertheless, the country's banking system remains highly resilient to an adverse credit event, even under "the most extreme hypotheses," the central bank said in its semi-annual financial stability report...............................................Full Article: Source
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