MercoPress, en Español

Montevideo, October 29th 2025 - 09:55 UTC

Tag: Master Card

  • Thursday, August 21st 2025 - 19:29 UTC

    De Moraes' canceled credit card poses dilemma to Brazilian banks

    Not following US impositions could affect Brazilian banks' businesses abroad, but ignoring the STF could result in local penalties

    After the Banco do Brasil (BB) canceled Supreme Federal Court Justice Alexandre De Moraes' Master Card following instructions stemming from the United States' sanctions under the Magnitsky Act against the magistrate, South America's largest country's institutions were gripped by controversy.