Federal Reserve: Brazilian Financial Firms Seek Expanded U.S. Nonbanking Authority
December 11, 2025
December 11, 2025
WASHINGTON, Dec. 11 (TNSFR) -- Financial entities led by Inter & Co Inc. and Banco Inter S.A., both of Minas Gerais, Brazil, have notified the Federal Reserve System of their intent to continue or establish multiple nonbanking activities in the U.S.
The request, which also includes Costellis International Ltd., Tortola, British Virgin Islands, centers on a variety of financial services to be conducted primarily through the companies' Miami, Florida, subsidiaries.
The request, which also includes Costellis International Ltd., Tortola, British Virgin Islands, centers on a variety of financial services to be conducted primarily through the companies' Miami, Florida, subsidiaries.
