Brazil’s BRB Nixes Meeting to Vote on $1.7 Billion Capital Boost

Brazil’s BRB Nixes Meeting to Vote on $1.7 Billion Capital Boost

Banco de Brasilia SA canceled an extraordinary shareholder meeting that was to feature a vote on a capital increase of as much as 8.9 billion reais ($1.7 billion) designed to cover a hole left by transactions with failed Banco Master SA....

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