Banker Who Loved Patek and Parties Faces a Reckoning in Brazil

BPAC11:BZ,1882049D:RU,ITUB4:BZ,BBDC4:BZ,BAC:US,CCL:US

emerging-markets,brics,investment-banking,banking,c-suite,lifestyle,real-estate,infrastructure,property-market,capital-requirements,government,chief-executive-officer,culture

Cristiane Lucchesi

Vinicius Andrade

Rachel Gamarski

Matheus Piovesana

Daniel Cancel 

Bloomberg Profile

Click to view webpage.

Police Probe Is Last Blow to Brazil Bank Deal Nixed by Regulator

Banco Master CEO Denies $2.4 Billion Fraud as Bank Is Liquidated

Link

Brazil’s Central Bank Was Warned for Years of Banco Master Risks

https://www.mpf.mp.br/sp/sala-de-imprensa/noticias-sp/denunciados-pelo-mpf-ex-gestores-do-banco-maxima-viram-reus-por-crimes-financeiros

https://valor.globo.com/impresso/noticia/2021/07/29/banco-maxima-passa-a-ser-master.ghtml

Assets grew to over 80 billion reais this year

Banco Master's Assets Ballooned Under Vorcaro

Link to local media report

Fast-Growing Bank Sends Shudders Through Brazil Financial System

Banco Master CEO Arrested As Brazil Regulator To Liquidate Firm

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For a hot moment, Daniel Vorcaro seemed to have made it in the tight-knit world of Brazilian finance.

Banco Master's Assets Ballooned Under Vorcaro | Assets grew to over 80 billion reais this year

For a hot moment, Daniel Vorcaro seemed to have made it in the tight-knit world of Brazilian finance. Once the host of a gospel show on a regional TV network, he was suddenly hobnobbing with the country’s banking elite, throwing lavish parties that filled gossip columns while amassing a trove of trophy properties around the world.

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