Category Archives: Banking

Why The Chairmanship And Presidency Posts Draws A Lot Of Attention At Banco Bradesco SA

With over five thousand branches and revenues running into tens of billions, Banco Bradesco SA is scaling the heights of the Brazilian banking sector. Bradesco, which is headquartered in Osasco, is a significant private bank in Brazil coming just after Itaú Unibanco. In fact, were it not for the merger between Itaú and Unibanco in 2009, Bradesco would still be the largest private bank in the Latin America country.

While market leadership is not as essential as quality service delivery to clients, Bradesco’s business strategies in the recent past reveal a financial firm that is interested in regaining market leadership. Case in point is Bradesco’s acquisition of the Brazilian retail unit of HBSC in 2015 which put the bank ahead of Itau Unibanco regarding branch network, number of account holders and total investment funds. Although the $5.2 billion acquisition did not elevate Bradesco above Itaú Unibanco in terms of assets, deposits, and loans granted to borrowers, it did put Bradesco close second to its rival. The $5.2 billion acquisition was termed the most significant one in Brazil in 2015, and it was spearheaded by the then chairman of the board of directors, Lazaro de Mello Brandao, and CEO, Luiz Carlos Trabuco. Isto É Dinheiro Magazine named Trabuco, who is still the CEO and was recently appointed the chairman to succeed Brandao, the “Entrepreneur of the Year,” in the finance category following the 2015 purchase of HSBC.

Read more: Bradesco to Choose Board Member as New President, says Trabuco

Brandao and Trabuco were quite the formidable duo. The two worked seamlessly in the interest of Bradesco and accomplished a lot for the bank cementing its position in the Brazilian financial industry. Trabuco was appointed as the president of Bradesco in 2009, succeeding Marcio Cypriano. At the time of Trabuco’s appointment, Brandao was already the chairman of the bank. In fact, he had held the post for 18 years. Although Trabuco was, and still is, Brandao’s junior, Brandao offered him support and the two worked harmoniously. But it was not the first time for Brandao to work with another CEO; Marcio Cypriano was appointed the president of Bradesco in 1999 when Brandao was the chairman of the bank, and he worked with him for ten years.

Brandao was first appointed to senior management in 1981 when Amado Aguiar, the entrepreneur behind Bradesco, stepped down. He was the second CEO of Bradesco. Brandao was the CEO with Aguiar as the chairman of the board of directors of the bank for 10 years according to folha.uol.com.br. When Aguiar stepped down in 1991, Brandao took over the chairmanship mantle from him. He then doubled up as the chairman and the CEO of the bank until 1999 when Cypriano stepped in. Brandao, however, continued as the chairman of Bradesco until October 11, 2017. At the time of his resignation, the 91-year-old Brandao had served Bradesco for 74 years. So much for the man who started his career at Bradesco as a clerk in 1943.

Bradesco named Trabuco the new chairman of the bank. But while he is capable of doubling up the chairman and president of the institution, his tenure as CEO will elapse in March. The bank will have to appoint a new CEO to fill the vacancy that will be left by Trabuco. As is the norm at Bradesco, chairpersons and CEOs are selected exclusively from within the company. Presently, seven Bradesco’s staff are seen as the overdogs in the succession contest. They include Alexandre da Silva Gluher, Domingos Figueiredo Abreu, Josué Augusto Pancini, Marcelo de Araujo Noronha, Octavio de Lazari, and André Rodrigues Cano. The seven are either heads of departments, Bradesco’s subsidiaries, or in charge of crucial roles.

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

A Re-Cap Of The PRNewswire Press Release On November 10, 2016 Regarding The Texas Bankers Association

The Texas Bankers Association’s 5th Annual Strategic Opportunities and M & A Conference for the year 2016 was held in New Orleans, Louisiana. Mr. John Holt, the President and CEO of NexBank Capital, Inc. served as a panelist at the conference. NexBank Capital Inc. is a financial services company that

has built its reputation on being there for their clients and business associates when they need them.

The panel discussed different ways to reinvent community banking with the emphasis being on competing by innovation. The annual event brings bank leaders advisors and consultants together to explore the avenues by which the challenges facing the industry can be addressed by the most efficient means possible. Also included in the discussions were strategies for continuous growth and setting the financial patterns for that growth in not as many words as detailed here in this summatation.

NexBank Capital Inc. serves its clients through Commercial Banking, Mortgage Banking and Institutional Services nationwide. Through commercial lending NexBank offers loans to assist with financial growth of business, corporations, small businesses. Mortgage lending assists real estate developers, owners and investors with their many projects and plans for future expansion. Being a sound financial institution that is well respected in the banking community, NexBank Capital Inc. has the capabilities of assisting in stressful economic times.

NexBank Capital, Inc. is centrally located in Dallas, Texas.

Equities First Holdings Delivers Special Financing Options to Investors

Equities First Holdings provides two special categories of loans: share-based and margin loans. The loan to value rate of margin loans ranges from 10 to 50 percent. The borrowed capital has restrictions, and borrowers must specify how they are planning to spend it. Additionally, lenders are required to liquidate their collateral immediately after margin call occurs. Stock-based loans are affordable and open (no restrictions on their use). Their loan to value ratio is between 50 and 75 percent.

How EFH helps clients to attain their financial goals

Equity First Holdings has implemented measures for helping borrowers to gain a clearer financial vision. It ensures all stocks are returned once the transaction matures. It has collaborated with leading banks (both investment and custodian), global law jurisdictions, and law companies. The partnership has allowed EFH to grow by 30 percent since 2003. Additionally, the quality of service rendered has improved significantly.

Recent EFH’s reports indicate that most clients are going for share-based loans and few of them are choosing margin loans. The company is aware that the economic climate in the corporate world is changing at a fast rate and more investors are turning to stock-based loans as a strategy to remain relevant. Therefore, it is investing heavily in providing more loan options.

About: Equities First Holdings

Equities First Holdings (EFH) is a leader in the provision of unique financial solutions for businesses (private and public) high net worth individuals and large financial services firms. The company helps its clients to access the capital they can use to grow their businesses. To secure EFH’s loan, customers must use their shares or stakes as collateral. The company transfers the shares to the respective companies of the customers who successful complete paying their loans. The Indiana-based lending solutions giant has service centers in Singapore, Perth, Sydney, Hong Kong, and Bangkok.

With EFH, borrowers who do not qualify for credit-based loans can afford a sigh of relief. They can access capital urgently and promote the expansion of their businesses. Many people are turning to stock-based loans due to the complex and tiresome process of securing credit-based loans. With share-based loans, borrowers can comfortably enjoy the profits of the loan even after its value drops.