Banco do Brasil Says It’s Been Targeted by Bolsonaro Allies (2)

Banco do Brasil SA accused allies of former President Jair Bolsonaro of trying to destabilize the state-owned company by publishing false claims about its finances and urging customers to withdraw their money.

In a complaint filed with the attorney general’s office, Banco do Brasil said Bolsonaro’s son Eduardo and others were warning on social media that the bank will be banned from the global SWIFT payments system, while others said there had been a run on Banco do Brasil Americas, a US firm it controls.

A Banco do Brasil branch in Rio de Janeiro

Photographer: Lucas Landau/Bloomberg

Banco do Brasil said in a statement Friday that it will seek “adequate ...