The billionaire banker battling corruption charges in Brazil

Already charged with corruption in Brazil, the Panama Papers is just the latest scandal to implicate Brazilian billionaire banker Joseph Safra.

788-Safra-634

Joseph Safra: the world's richest banker

J Safra Sarasin, the Luxembourg-based private bank, was one of 500 wealth managers caught upthis week in the Panama Papers scandal. But it is far from the only Safra outfit under scrutiny, says the Daily Mail. In Brazil, the head of the banking dynasty himself is also in the crosshairs.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
Explore More
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.