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Brazil Unlikely to Feel Impact of New US$2 Trillion Banking Scandal Involving Giants

RIO DE JANEIRO, BRAZIL - With strict rules, Brazil should not be impacted, at least for now, by the new banking scandal involving giants like HSBC and Deutsche Bank in illegal transactions worth US$2 trillion (R$10 trillion), according to a Brazilian Central Bank source.

However, a potential strengthening of global standards to prevent . . .

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