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Posted by Gerry1982 on

Luiz Carlos Trabuco Is Proof Of Just How Effective Bradesco’s Succession Plan Is

For decades now, Banco Bradesco has consistently featured among the top banks in Brazil. Many banks in the industry have attempted to replicate Bradesco’s success but have all failed. In fact, it took a merger between Unibanco and Banco Itau, forming Itau Unibanco, to wrestle industry dominance away from Bradesco in the private bank sub-sector.

Unsurprisingly, many analysts and observers in the Brazilian banking industry have put Bradesco’s consistent success to effective leadership succession. Over the course of the bank’s seven-year history, it has only had four presidents. With so few yet effective leaders guiding the bank, Bradesco has not had any disruptions to its business as other banks in the country do during their succession cycles that occur every few years. The bank’s current president Luiz Carlos Trabuco has held the position for the shortest time but has arguably had the greatest impact.

Luiz Carlos Trabuco’s story at Banco Bradesco started in 1969. Even before that, however, the two shared a common history with Luiz Carlos Trabuco being born in Marilia, the city in which the bank was formed. At the time of joining the bank, Luiz Carlos Trabuco was barely a man at the age of 18 and first worked as a clerk at the bank’s Marilia branch. His unquestionable talent was soon noticed by his superiors in he was in 1991 promoted to work in the bank’s head office located in Osasco, Sao Paulo. Year and offers came and went but Luiz Carlos Trabuco stuck with Bradesco, and he was in 1984 promoted to the position of marketing director. 14 years later, he was again promoted to the position of managing director executive. He had been with the bank for more than three decades at this point, and some even touted him to be selected as the bank’s president ahead of his eventual predecessor, Marcio Cypriano. He, however, did still receive a promotion as he was named the executive vice president to Bradesco Seguros, the insurance company under the Bradesco group.

In 2003, four years after being named the executive vice president, Luiz Carlos Trabuco was appointed the president to Bradesco Seguros. The mark he left at the insurance company was so big that to say he was a success would be an understatement. While Bradesco Seguros occupied a fairly healthy position in the market when he took over, he in six short years managed to cement its number one spot in the industry by growing its market share by more than two percentage points. Additionally, he managed to grow and consistently maintain the insurer’s return on equity at above 27 percent over the course of his six-year presidency.

With Marcio Cypriano hitting the mandatory retirement age of 65 in 2009, Bradesco’s board made the obvious decision and decided to appoint Luiz Carlos Trabuco to head up the financial institution. Having been a long-time servant at the bank, he did not need to find his feet and quickly set about advancing the aggressive expansion strategy initiated by Cypriano. While it did not help that there was a global financial crisis coupled with the completion of the Unibanco-Banco Itau merger at the time of his appointment, Luiz Carlos Trabuco managed to steady and grow Bradesco. Additionally, with the 2015 acquisition of HSBC Brazil in multi-billion dollar dealt it became clear that Bradesco was well on its way to reclaiming the number one spot in the market from Itau Unibanco. It is safe to say that Bradesco would not have been where it is today if not for Luiz Carlos Trabuco.

Posted by Gerry1982 on

How Madison Street Capital Ensures the Success of its Corporate Clients

Madison Street Capital is regarded as one of the world’s leading investment banking enterprises. The firm currently targets to work with middle market companies across the globe. Its reputation has grown due to its outstanding experience, integrity, and expertise in handling investments of different types of corporations. Madison runs most of its operations from its head offices, which are located in Chicago, Illinois. The firm understands a lot about corporate finance, and it has successfully arranged complex transactions, reliable exit strategies, and helped sellers to meet with buyers. Key areas that it has specialized in are private placement advice, corporate governance, tax compliance, bankruptcy solutions, as well as mergers and acquisitions. Learn more: http://www.pr.com/press-release/720024

 

The finance company serves clients from across the globe, and it has established offices in India, Ghana, Oregon, and Chicago. It uses global-based approaches in addressing the issues that its customers face. The success of the firm has been facilitated by its executive’s remarkable skills in analytics, market information, and outstanding relationships that they use when conducting transactions. The Madison Street Capital reputation stands out since it is always ready to serve any business that requires corporate finance solutions.

 

One of the major clients of the finance firm is DCG Software, which is Pennsylvania-based. The company is recognized for its expertise in offering outstanding software analytics solutions. Madison Street Capital recently assisted it in forming a merger with the Spitfire Group. DCG Software’s expertise is in project management, evaluation of software, and determining software worth. The firm was established in 1994, and it believes that the formation of the merger would enable it to increase the value of its business. Based in Denver, Spitfire Group has specialized in offering its clients with technology architecture, custom development, and management of projects. It is devoted to using state-of-the-art technologies in serving its customers.

 

The Dowco Group is one of Madison Street Capital’s oldest clients. Dowco recently hired it to assist it in the acquisition of Acuna and Associates. The company is renowned for the offering exceptional pre-construction and steel modeling solutions. Madison Street Capital did a remarkable job in the transaction, and this enabled it to be nominated for various awards by the M&A Advisors.

 

ARES Security Corporation also hired the investment banking firm to assist in finding an excellent financing partner. The company has specialized in the development of cutting-edge security software, and it is headquartered in Virginia. The products that it offers are used by private and government organizations that have specialized in transport, nuclear energy, and many other important ventures. Madison Street Capital conducted the valuation of ARES’ and assisted it in acquiring capital to expand its business. The investment banking firm’s employees have been awarded by various institution due to their excellent performance in the industry. Learn more: https://www.crunchbase.com/organization/madison-street-capital

 

Posted by Gerry1982 on

Will Oil Prices Increase in 2017?

Texas is known for energy. The Texas Bankers Association (TBA) understands this and encourages its members to support the energy industry by offering innovative financial products. The November 2016 TBA Annual Strategic Opportunities Conference was a great forum for wrapping up the year and planning for 2017.

Crystal Ball on Oil

In 2008, the world’s oil prices hit their peak. There were continual wars in the Middle East and the Sub-Prime Crisis was right around the corner. In some respects, it was the end of a major economic boom.

Since then, the United States stock market has not only recovered, but surpassed its previous highs. The Dallas Fort Worth real estate market has been one of the strongest to recover. Dallas Fort Worth has seen 93.9% of its home prices recover to pre-2008 levels, compared to about 3% for Las Vegas.

Unfortunately, oil prices still have not fully recovered. The International Energy Agency reports that between 2013 and 2016, world oil supply has increased by 8%, while prices have fallen. This would suggest that the world economy is not growing by 8%.

Of course, this is a simple assessment; energy may account for more or less of the total costs of productivity, but generally a growing economy will need more oil. China continues to need more oil for high productivity.

Innovating Energy Loans

During the TBA annual conference, the financial leaders explained how they could continue to increase revenues. Dallas based NexBank CEO John Holt offered his advice on the panel named, “Reinventing Community Banking: Perspectives on Competing by Innovation.” Due to rising home prices, Dallas citizens are ready to invest in more housing developments.

While oil prices might not increase in 2017, the Texas bankers seem prepared. NexBank has student loans, mortgages and institutional services to fall back on.