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Tag: Banco do Brasil

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Sanctions BB

🇺🇸🇧🇷 Sanctions and Shockwaves: How the U.S. Crackdown on Banco do Brasil Could Hit Everyday Brazilians

eyesonbrasil | September 2025 🧨 Chapter 1: A Diplomatic Detonation In a move that stunned financial and political circles alike, the U.S. Treasury has formally sanctioned Banco do Brasil, alleging that the state-owned institution attempted to circumvent Magnitsky sanctions imposed on Supreme Court Justice Alexandre de Moraes. The sanctions, originally targeting Moraes for alleged human…
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Add Storm Clouds Ove

Banco do Brasil’s Bold Gamble: Defying the Magnitsky Act and Walking a Diplomatic Tightrope

eyesonbrasil Amsterdam, August 21st, 2025 – 🇧🇷💼 In a move that’s sending ripples through Brazil’s financial and diplomatic circles, Banco do Brasil has signaled its intent to maintain the bank accounts of Supreme Court Justice Alexandre de Moraes—despite his reported designation under the U.S. Magnitsky Act. This decision comes on the heels of a monocratic…
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