Finance
Banco de Brasilia Rescue Hangs on Concessions by Its Owner
A pedestrian walks past a Banco de Brasilia branch in the financial district of Sao Paulo.
Photographer: Victor Moriyama/BloombergBrazil’s federal government will demand concessions if it’s required to step in and rescue Banco de Brasília SA, the Brazilian lender struggling because of its connections to Banco Master SA’s record-breaking collapse, according to a government official with knowledge of the matter.