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.

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

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.

While we acknowledge the potential of BSBR to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than BSBR and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 15 Stocks That Will Benefit From AI and 12 Best Quantum Computing Stocks to Buy According to Wall Street Analysts.

Disclosure: None.