Category Archives: Banking

Luiz Carlos Trabuco: Career In The Brazilian Banking Sector

Luiz Carlos Trabuco is the president and CEO of Banco Bradesco, Brazil’s second-largest bank. He was born (October 6, 1951) in Marília, Sao Paulo. Luiz received his undergraduate degree from the University of Sao Paulo and postgraduate degree from Foundation School of Sociology and Politics of Sao Paulo.

After completing his higher studies, he joined the business industry. He started out his career as a clerk at the prestigious Bradesco Bank. Luiz has held different positions in the bank over the years. He was appointed department director in January 1984, a managing officer in 1998 and an executive vice president in 1999. In 2009, Luiz was appointed the president and CEO of Banco Bradesco.

There were sky-high expectations for Mr. Trabuco when he became the president of Bradesco. He did not disappoint. During his tenure as CEO of Banco Bradesco, the bank doubled its size in terms of the total assets. The bank’s assets increased from R $ 32 billion in 2003 to R $ 78 billion in 2010. Additionally, the bank’s insurance company increased its performance from 25% to 35%.

Besides his role as president of Banco Bradesco, Mr. Trabuco is a member of the board of directors of FEBRABAN, the vice-chairman of the board of directors of Banco Bradesco SA, president of the executive board of the CNF and member of the strategic committee of Vale SA.

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About Bradesco Bank

Banco Brasileiro de Desconto S/A, famously known as Bradesco, is one of the oldest and largest financial institutions in Brazil. The bank’s history dates back to 1943 when Amador Aguiar, a famous Brazilian businessman, banker, and farmer, opened up a banking institution in the city of Marilia, Sao Paulo. The bank was set up to target small land owners, government employees, and retailers who resided in Marilia. A few years later, the bank grew to become one of the largest private banks in Brazil. It was during this growth period when the bank moved its headquarters to Osasco, Sao Paulo.

Today, the bank serves more than 16.8 million domestic and international clients in its 5,314 branches. Additionally, it employs more than 95,248 employees making it the largest private employer in Brazil.

The bank’s growth is attributed to the acquisitions it has made since its inception. Bradesco’s first acquisition was in 1997 when it bought Banco BCN, a commercial bank that was based in Sao Paulo. The bank has also bought other institutions such as the Brazilian subsidiary of BBVA, the Brazilian subsidiary of American Express, Banco Mercantil de São Paulo and Banco do Estado do Maranhão. In 2016, the bank bought the Brazilian unit of HSBC Bank. The $5.2 billion purchase enabled the bank to add 5 million new clients and increase its assets by 16 percent.

Bradesco Bank serves the Brazilian household and international corporations with a broad range of banking and financial services. These include personal banking, receipt and payment processing, insurance services, issuance of credit and debit cards and asset management among others. The bank’s insurance segment is currently the largest insurance provider in Brazil.

Learn more about Luis Carlos Trabuco: http://www.istoedinheiro.com.br/noticias/negocios/20151218/luiz-carlos-trabuco-cappi-empreendedor-ano-nas-financas-2015/327856

Madison Street Capital Chairs High End Business Deals Across Different States

Madison Street Capital reputation speaks highly of its commitment to give credible advice to institutions. Madison is a top notch banking institution that has always chaired the transactions of deals between institutions. Recently, Madison Street Capital acted as an initiator for Sterling Packaging in its acquisition of equity. Sterling Packaging is prominent for being a leading manufacturer of cartons. These cartons are usually utilized in customer service across America as well as Canada. Facilitated by Druid Capital Partners, the equity transaction was announced by the chief executive officer of Madison Street Capital, Mr. Charles Botchway. Jay Rodgers on the other side was the head of the transaction. He serves as the senior managing director of the firm.

Contribution

According to Jay Rodgers, Sterling Packaging is a good example of a company that is controlled by serious individuals like Jim and Hickson, the two co-founders. The company has registered excellent performance given its commitment to provide top-notch services to different sectors across the state (https://www.facebook.com/madisonstreetcapitaladvisors/). Through superior product offering, Sterling Packaging has ensured that it has a broad client base from which various clients will benefit. The company’s extensive customer base will be a win situation for the management given the expected high revenue. Jay Rodgers added that Madison Street Capital was proud to be associated with the two able leaders. 

Appreciation

According to the managing partner of Druid Capital Mr. Martin Holt, the company was excited to be part of the business. Martin stated that he believes in the team work Jim as well as Debbie has initiated since the commencement of the business. It is evident that the two business partners will support each other in future projects. While closing the speech, he stated that he appreciated Madison’s input as the facilitator. Learn more: http://madison-street-capital-llchttps://www.linkedin.com/company/

Madison Street Capital

Madison Street Capital prides itself in being a leading banking firm across the world. The organization has been supportive of different uniting projects in different states. From providing excellent services coupled with integrity, Madison Street Capital is a proud initiator of contracts in different projects. Madison is a mogul in financial opinions, valuation services, as well as public and private businesses. When tasked with undertaking new projects, Madison Street Capital commits to projecting high-end services with the aim of providing the best services for clients. Madison Street Capital provides unparalleled growth for businesses. The firm continues to earn client trust by focusing on significant assets. The unwavering dedication of Madison Street Capital is a pace setter for most organizations that are dedicated to empowering businesses. Learn more: https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=116516616