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Brazilian Banking Federation Condemns Dossiers Targeting Itaú CEO and Journalist

Febraban's statement lends industry weight to ongoing probes, signaling urgent concern for confidence in Brazil's financial system.

Overview

  • Febraban on Friday, July 10, called the material uncovered by Polícia Federal "of extreme gravity" and publicly backed the federal and judicial investigations into the case.
  • Police materials cited in a Supreme Court decision allege the preparation of dossiês aimed at Milton Maluhy Filho, president of Itaú Unibanco, and journalist Malu Gaspar.
  • Reporting from multiple outlets links banker Daniel Vorcaro and publicist Thiago Miranda to a network that supplied information for the alleged dossiers, and investigators say the inquiry is still developing.
  • Febraban explicitly supported recent Banco Central measures intended to preserve stability, including actions tied to governance of the Fundo Garantidor de Créditos (FGC).
  • The federation warned that attempts to intimidate or discredit executives and journalists threaten market trust and press freedom, and the case could prompt further legal and regulatory steps that affect bank reputations and oversight.