Brazil Central Bank Orders Liquidation of Will Financeira Unit
The central bank of Brazil ordered the liquidation of Will Financeira SA on Wednesday. This decision adds 6.3 billion reais to a strained deposit guarantee system.
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The central bank of Brazil 
BRofficially ordered the liquidation of Will Financeira SA on Wednesday, January 21, 2026. This move comes after the financial institution, a unit of the previously collapsed Banco Master, failed to secure a market-based solution to its deepening financial crisis. The liquidation is expected to place further pressure on the financial system and the iShares MSCI Brazil ETF as it adds approximately 6.3 billion reais in eligible claims to the Fundo Garantidor de Cr ditos (FGC), the nation's private deposit guarantee fund.
BRofficially ordered the liquidation of Will Financeira SA on Wednesday, January 21, 2026. This move comes after the financial institution, a unit of the previously collapsed Banco Master, failed to secure a market-based solution to its deepening financial crisis. The liquidation is expected to place further pressure on the financial system and the iShares MSCI Brazil ETF as it adds approximately 6.3 billion reais in eligible claims to the Fundo Garantidor de Cr ditos (FGC), the nation's private deposit guarantee fund.
