Category: Expert in Business

With Trabuco As Chairman, Will Bradesco Become A Banking Monopoly?

Throughout the history of Latin America, the monopoly has played a central, in not entirely wholesome, role. But while even the most ruthless robber baron monopolists of the 19th century could make plausible arguments as to why their businesses were a public good as constituted, the truth is that many monopolies of Latin America have demonstrably made the lives of the average citizen better. Companies like International Telephone and Telegraph, the United Fruit Company and Telmex, while having a stranglehold on their respective markets, brought first-world infrastructure to otherwise backwards and hopelessly primitive societies. Whereas there is little question that the railroads of North America would have eventually stretched from coast to coast and perfused much of the interior, with or without the likes of Stephen J Gould or the Vanderbilt clan, there is a serious case to be made that, without the likes of Telmex, there would simply be no telecommunications at all in the rural parts of Mexico, areas that are often still under the control of Amerindian warlords, such as Comandante Marcos.

Brazil may get a banking monopoly

This leads us directly to the case of Grupo Bradesco, the largest banking conglomerate in Brazil. Its leader for the last decade has been a man named Luiz Carlos Trabuco. Trabuco is an inveterate and sophisticated banker, holding advanced degrees from one of the top schools in Brazil. He has also made it abundantly clear, through deeds, if not words, that his vision for Bradesco is to have it become the undisputed hegemon in the Brazilian banking space. In short, everything Trabuco has ever done in his career indicates that he has every intention of crushing all competition into oblivion and establishing a Brazilian banking monopoly.

Read more on Wikipedia.org

Whether or not this would ultimately be good for Brazil is a matter of debate, with both sides being able to make reasonable points. What is not in dispute is that Trabuco is well on his way to establishing Bradesco as the unquestioned dominant player in Brazilian banking. With the acquisition of HSBC Brazil in 2015, the $5.2 billion cash deal rocketed Bradesco back to the number-one spot in the Brazilian banking sector, a spot that the bank had not held since 2009. Since 2015, the bank’s stock price, long in decline, has soared, indicating that investors are extremely pleased with the strategy that Trabuco has followed. The bank has continued to attack its competition, especially arch rival Itau Unibanco, in all its markets. It is now in a position where it can easily leverage its economies of scale to crush its competitors, pricing them out of the market and undercutting them at every turn.

Although some may argue that a Bradesco that utterly annihilates its competitors, leaving it as the last bank standing, would be a net negative for the country, it is worth remembering that Brazil is still a quintessentially Latin American country. One feature of this Latin American-ness is the fact that the country still has a large number of citizens who are not able to connect online or even operate a computer.

In Bradesco’s own internal studies, it was revealed that approximately 13 million of the bank’s 27 million customers had no access, whatsoever, to internet banking facilities. The bank itself has undergone a campaign to bring both financial and technological literacy to its customers. There has even been talk of the bank providing all of its underprivileged customers with mobile devices, such as Androids or iPhones, in order to allow them to access the much more efficient internet banking options that the bank has on offer.

Learn more about Luiz Carlos Trabuco: https://www.terra.com.br/economia/trabuco-assumira-presidencia-do-conselho-do-bradesco-banco-nomeara-novo-chefe-executivo-em-marco,9fb1d7fe927d7f26678a7543f82f02edw3u6oihm.html

Foreign Investors Like Banco Bradesco In 2017 And CEO Luiz Carlos Trabuco Is Not Disappointing Them

Brazil’s economy is making a comeback, and investors around the world are clapping their hands and opening their wallets. Brazil is a member of the BRICS group of emerging markets. Most investors know there is money growing on the recessionary trees in the largest emerging market in Latin America. Now that the four-year recession is running out of gas, foreign investors are pouring money into the country. One of the prime investments in Brazil is Banco Bradesco.

Bradesco is the second largest private bank in Brazil and one of the banking industry’s most profitable private banks. Bradesco is a great stock for foreign investors because of its growth and income. The man behind the fantastic growth and income is CEO Luiz Carlos Trabuco.

Luiz Carlos Trabuco is the fourth president in the history of the bank. Bradesco’s market value went from $5 billion to more than $30 billion, thanks to Trabuco’s leadership. The 57-year-old CEO is a 40-year veteran of the banking industry. And during those forty years, Trabuco never left Bradesco. Rather than leaving the bank, he put his philosophy education from the University of São Paulo to work. Luiz got his banking experience by working in every department in the bank. Trabuco was president of Bradesco Seguros for six years, and that’s where Luiz, an intelligent, personable, and confident man from Marília hit the banking industry’s radar. Today, Bradesco Seguros makes up 30 percent of Bradesco’s profits.

The key to Trabuco’s success is the bank’s diverse product mix. The bank’s performance is not the result of consumer loans and mortgages. It is the result of income from bonds, insurance sales, wealth management fees, and other banking fees. Like most banks, the success of their loan exposure depends on consumer spending, unemployment, and low inflation. Thanks to recent political and social changes, Brazil’s consumer spending is trending upwards, especially in the new tech products and services. Bradesco’s sales are out of control, according to recent reports. Bank sales in 2016 were 21 percent higher than 2015 sales. And the net income for the first quarter of 2017 was R$9.3 billion. That profit number gave foreign investors the green light to invest in Bradesco.

Bradesco is a bank that cares about Brazilians. Luiz Carlos Trabuco is a CEO who gives back and pays forward, through the various social-economic initiatives the bank has in place. Some of those initiatives include the Carbon Disclosure Program, Companies for Climate Change, Global Compact, and the Brazilian Green House Emissions Program. Plus, the 60-year-old Bradesco educational program helps thousands of students’ complete school and get better jobs.

But it’s not just the social and educational programs that make Bradesco a great investment. Trabuco believes in mergers and acquisitions. When Bradesco brought the Brazilian subsidiary of HSBC into the bank’s family, the investment world took notice. The soft-spoken Trabuco may have a great sense of humor, but he also has a keen business sense, and that sense puts him in rare company in Brazil’s banking industry. Outside of the bank, Luiz lives a quiet life with his wife and three children. But when he is behind his desk for 18 hours a day, or when he is traveling to the to Bradesco bank location around the country, he is all business.

Banco Bradesco S.A. is a great investment for foreign and local investors. And Luiz Carlos Trabuco is the CEO who will continue to make that investment worthwhile. Luiz believes in giving his customers services that other banks avoid, and he believes in giving investors what they want by implementing bank strategies that keep other Brazilian banks guessing what he’ll do next.

For more information about Luiz Carlos Trabuco and Braesco, just click here.

How Roberto Santiago has prospered in Business

Manaira Shopping Mall is recognized for being Joao Pessoa’s biggest shopping center, and it was built from 1987 to 1989. It has been in business for about 28 years and has been visited by thousands of shoppers. Santiago is dedicated to offering the best services and has increased the size of the building about five times to accommodate its increasing number of customers. He has also ensured that all the amenities that it offers are modern by renovating it often. The shopping mall is considered as reliable by the shoppers since they can access a variety of commodities that they need. It has enterprises such as a gaming zone, shopping stores, a concert hall, banking institutions, and a cinema. Visit his profile page on Facebook.

Roberto Santiago regarded as one the most prominent business moguls in Joao Pessoa, Brazil. Roberto Santiago has played a great role in the economic growth of the city by founding two business centers, which are Manaira Shopping and the Mangeira Shopping. The places have attracted shoppers from across the city and other parts of the country. Many corporations such as banking institutions have established branches in the malls or close to them. The 56 years old business mogul has been running businesses for over three decades. He earned his first capital by working at a café and used it founding a cartonnage company that manufactured decorative materials. Santiago is a knowledgeable entrepreneur and studied B.A at the University Center of Joao Pessoa. He is also a graduate of the Pio X-Marist College.

Manaira Shopping launched the largest concert hall in the city in 2009, and it is known as the Domus Hall. The facility is highly modern, and it provides excellent sound and air conditioning systems. Its walls have been developed to be sound proof. The room is rented out to anyone who would like to host events such as music shows, weddings, exhibitions, seminars, and many other gigs. Domus Hall can accommodate up to 10,000 people. Manaira Shopping Mall is preferred by many city residents and tourists due to the entertainment that it provides. It has state-of-the-art movie theaters and gaming zones. Read more articles on vivamaringa.odiario.com.

The food court of the business center offers delicious cuisine that can satisfy the varying cravings of the shoppers. The place has both cheap and high-end eateries such as the Capital Steakhouse, Waynes, Gourmet, and Espacio. Manaira Shopping currently houses a broad range of shopping stores that enable the clients to purchase any commodities that they would like. The College of Higher Education of Paraiba has been established at the building. Different banking institutions have also opened branches at the shopping mall since a large number of the commercial activities that are conducted there need their finance services.

George Soros And The Democracy Alliance Lead The Resistance Against Republican Power

The growth of the influence afforded to major political donors in the U.S. in the 21st century is something not every person in the world believes is a good or democratic aspect of American society. One of the major donors to the Democratic Party, George Soros, recently raised eyebrows when he provided the End Citizens United PAC with the largest possible financial donation of $50,000. Citizens United is the 2010 Supreme Court decision that allowed wealthy donors across the U.S. to provide almost unlimited donations to the political party or candidate of their choice; despite committing an estimated $27 million to the 2004 Presidential election and a further $25 million to the 2016 ballot, George Soros has often claimed to feel uncomfortable about the level of influence he is afforded by his vast wealth. In fact, Politico explains Soros felt so uncomfortable with his role as a major donor to the Democratic Party he largely sat out the 2008 and 2012 elections seasons.

In 2005, Soros did set out on a path that would allow the Democratic Party to benefit from major donors coming together on a regular basis to help discuss strategy and form policy for the future of the party. George Soros did assist in forming this group, but has largely avoided appearing at the events organized for the group that became known as the Democracy Alliance; this group of major donors often comes together and meets with top political figures in the Democratic Party and others with reasons to be involved with the inner workings of the party. In his work as a philanthropic and political donor the major cause taken up by George Soros in the U.S. has been the protection of the rights of individuals and the need to reform a criminal justice system Soros and his advisors believe has been subverted in a racist and economic way. George Soros established the Open Society Foundations.

After making a major political donation to the Clinton campaign in 2016 George Soros was quick to spot the power vacuum that was becoming the norm at the top of the Democratic Party with the stepping aside of Hillary Clinton. Politico reports George Soros has been looking to work ever more closely with the Democracy Alliance in a bid to build pressure on President Donald Trump and his Administration from the very first day they took occupancy of The White House. Soros believes the work of the Democracy Alliance has become ever more important and Soros went so far as to change his own schedule and attend a Democracy Alliance event in the days after the election. George Soros has been instrumental in the growing calls among Democrats to look to grassroots candidates at the 2018 midterm elections where the party agrees with George Soros that the first steps to regaining control of Washington can be taken. Read more at Washington Times about George Soros.

How Adam Goldenberg And Don Ressler Created A Fashion Empire

Adam Goldenberg and Don Ressler are the co-founders of the very successful company, JustFab. As a team they know how to grow businesses and develop innovative brands. Together, the pair has experienced startup success that has yet to be seen in the industry.

After selling his first company to Intermix Media in 1999, Adam Goldenberg became the company’s Vice President of Strategic Planning. It was here that he would meet Don Ressler, shortly after becoming the youngest Chief Operating Officer of a publicly traded company on Brandettes. Don Ressler also joined the Intermix Media team after selling his own company, FitnessHeaven.com in 2001.

The pair brought Intermix Media unrivaled success and became fast friends. When the company was acquired by News Corp. In 2005, they decided it would be best to branch out on their own and start their very own company at https://www.facebook.com/public/Don-Ressler. Only a year later in 2006, the duo founded Intelligent Beauty, an e-commerce brand that would quickly produce numerous market-leading health and beauty brands.

Read more: New Sizes for JustFab

After the company’s fast success, Adam and Don Ressler began to visualize an online concept that would create a personalized shopping experience for consumers. They saw an idea of merging social interaction with fashion at an affordable price. The potential was there; an untapped opportunity awaited their leadership. They began the expansion of Intelligent Beauty, creating JustFab, a community of “members” that could receive selections of handbags, accessories, and shoes that were tailored to their personalized taste for a flat fee paid on a monthly basis.

JustFab wasn’t just a fashion site that shipped out items every month. Each member received a personalized experience from JustFab, with style boards, demonstrations, and tips. The company on techstyle.com allowed them to receive professional tips from the industry’s leaders and an opportunity to connect with each other.

The duo could admit that they were not fashion experts. They were intelligent enough however to hire those experts to head the company. Kimora Lee Simmons entered the team as its President and Creative Director. Kimora could lead the way into fashion success, and she did. JustFab is now a multi-million dollar company with millions of customers from all over the world, constantly expanding.