Brazilian Banks, Including Banco Santander Brasil SA ADR (BSBR), Come Under Regulatory Scrutiny

Banco Santander Brasil SA ADR (NYSE:BSBR) is one of the 10 Best Bank Penny Stocks to Buy Right Now.

On September 3, 2025, Brazilian banks, including Banco Santander Brasil SA ADR (NYSE:BSBR), came under regulatory scrutiny.

This occurred after reports that the U.S. Treasury Department approached the banks for details on measures taken under the Magnitsky Act following sanctions imposed on a top Brazilian judge. The inquiry, which was described by a source as generic and standard, was sent to Banco do Brasil, Bradesco, Itau, Banco Santander Brasil SA ADR (NYSE:BSBR), and BTG. The notice highlights Washington’s push to clarify compliance expectations with foreign financial institutions.

Banco Santander Brasil SA ADR (NYSE:BSBR) offers a wide range of banking products and services to individuals, SMEs, and corporate clients across Brazil and the rest of the globe. It is one of the Best Penny Stocks.

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