Business● Elevated47m ago · Nov 13, 2026, 2:00 AM
Banks have record expense of R$ 49.9 billion in Q3 to cover expected credit losses
GlobeAlert Desk · curated from Folha de S.Paulo · Brazil · South America
The expense of the four largest publicly traded banks in Brazil to cover expected credit defaults represented more than double the combined net profit of the institutions in the third quarter of this year. Read more (11/12/2026 - 11:00 PM)
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2 Elevated
Scored from severity, scale, escalation potential and source agreement. Below the alert threshold.
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1 publisher
Single-source so far. Treat details as unconfirmed until more publishers report.
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Business
Not flagged as developing.
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