Archive for the ‘Banking Service’

Luiz Carlos Trabuco Cappi Rises To Top Of Latin American Banking Industry01.12.18

Luiz Carlos Trabuco Cappi, the current CEO of Bradesco, has recently announced that he will be stepping down from that post in order to take over the chairmanship from the outgoing Lazaro Brandao. Trabuco Cappi has spent the last 9 years as CEO, a position in which he was able to complete the largest acquisition in Brazilian history: the purchase of HSBC Brazil for $5.2 billion in cash.

Trabuco Cappi is a remarkable figure for more reasons than one. He came from a poor background and rose to the absolute heights of Latin American finance, proving that the region of the world known as the Global South is fully capable of producing the same kind of Horatio-Alger-like success stories on which America long claimed a stranglehold according to folha.uol.com.br. In fact, stories like that of Trabuco Cappi present strong evidence that many countries across Latin America that were once considered the third world are rapidly catching up to and even surpassing the United States, in measures of social mobility, educational opportunities and even the production of new millionaires.

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

Brazil finds its legs as Trabuco Cappi comes of Age

Trabuco Cappi’s career history can almost be taken as a proxy history of Brazil itself. Coming to work for Bradesco fresh out of high school at the age of 18, Trabuco Cappi was a walk-in hire. It was his first job ever after graduating in University of Sao Poalo. He had grown up in a lower-middle-class family in the small town of Marilia, Sao Paulo. It is worth pointing out that what is considered lower middle class in Brazil is considerably more deprived than its American counterpart. By any first-world standard, Trabuco Cappi’s childhood was one of grinding poverty.

But the talented youth had a knack for making lemonade of lemons, and he had the ferocious drive frequently seen in those who grow up under deprived conditions. Over the course of his first year, Trabuco Cappi was promoted twice, first becoming a shift manager then being promoted to branch manage. Throughout the 1970s, he continued to receive a string of promotions up the ranks of the firm. This happened at precisely the same time that Bradesco itself was rapidly expanding, slowly going from a small, local thrift institution and on its way to becoming the modern financial powerhouse that it is today.

And Bradesco’s expansion occurred among a time of unprecedented growth in the country of Brazil. People like Trabuco Cappi are exemplary of why Brazil was never destined to stay the third-world slum that it had been for the first 400 years of its existence. Although the country has long been wracked by social ills and deep structural problems, such as endemic corruption, some areas of the country have always had enormous and growing human capital. It was always a certainty that this pool of talent, ambition and industry would eventually begin to lift the country from its ancestral mud bog into the rarefied penthouses of Sao Paulo’s modern skyline.

Another aspect of Trabuco Cappi’s rise was his fastidious attention to the ways in which American banks operated on folha.uol.com.br. This was not merely an interest borne out of admiration for the success of Northern financial institutions, it was Trabuco Cappi’s conscious plan to emulate the best aspects of North American finance, while discarding the more dysfunctional aspects of the industry.

One way in which he was able to do this was by directly going after the high-net-worth client market in Brazil. By the mid-90s, Bradesco had attracted so many new millionaire clients that it was able to issue tens of billions of dollars in new loans. This dramatic expansion of the bank’s balance sheet was attributed singularly to the efforts of Trabuco Cappi.

Find more about Luiz Carlos Trabuco: https://www.brasil247.com/pt/247/economia/321809/Trabuco-assumirá-presidência-do-conselho-do-Bradesco.htm

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Alternative Lending- Equity First Holding04.13.17

The financial industry is growing tremendously with o the r financial institutions being established to assist individuals as well as well organizations to meet their financial needs. In the recent years, the banks have set up strict measures on the lending and borrowing of loans making it difficult for small and medium enterprises to lend from the banks.

Equity First Holding is a financial investment institution which was created in 2002. The primary purpose of establishing the organization is to provide alternative financial resolution by offering stock-based as well as margin loans to its clients. Equity First Holding is one of the leaders in the provision of alternative financial solutions. The organization noticed the gap that was there in the lending of loans to small and medium business and also the way the banks had tightened their rules and regulations on the loans. Equity First Holdings moved quickly to fill the gap and assist borrowers who wanted to raise capital instantly.

The Financial institution was formerly known as Meridian Partners Limited. The company has been operating as a financial consulting company as well as a financial provider. Equity First Holdings has been delivering other financial services including the supply of capital against the publicly traded stock to enable its clients to meet both their personal and long-term financial goals. Since its foundation, the company has been experiencing marvelous growth and has completed more than 650 transactions which are worth more than $1.4 billion. The financial institution has been providing high-value loans with low interest to individuals as well as refined investors. Since its foundation, it has expanded to more than nine countries including its affiliate Equity First Holding based in London, United Kingdom, Hong Kong, Australia, and Singapore.Equity First Holding has been making continuous efforts to deliver unique and quality services as well as products as it changes the face of alternative borrowing.

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CEO & President of Prominent Dallas Bank Great Participation at Annual Conference01.18.17

NexBank’s CEO and President, John Holt, recently spoke at the conference for Texas Bankers Association’s Annual Strategic Opportunities. He was one of the panellist at the 5th annual conference that was held in New Orleans, Louisiana. He participated in the discussion topic called “Reinventing Community Banking: Perspectives on Competing by Innovation”.

 

This conference that is held annually consists of bank leaders, consultants, and advisors who collaborated on challenges facing community bank leaders and on principal objectives. These participants and panelists explore strategic opportunities through organic growth, branching, and M&A activity.

 

About NexBank

 

Based in Dallas, Texas, NexBank Capital, Inc., www.NexBank.com, is a financial institution that offers services in mortgage banking, commercial banking, and institutional banking for their clients. Their customized banking and financial services are offered mainly to institutional clients, corporations, and financial institutions throughout the US. Additionally, their executive management team combines a strong focus on serving clients and industry expertise to provide leading capabilities in financial services to their clients.

 

This company started as a charter in 1922, and as of September 30, 2016, they are worth $4 billion in assets. Many of their clients are large corporations, middle market companies, real estate investors, banks, small businesses, and some of the largest, capital market institutions. In their financial sector, they offer revolving lines of credit, tailored depository services, and loan participations. In treasury management, they work hard so their clients can gain increase in their treasury operations’ productivity, expand the short-term assets’ revenue potential, and gain more visibility in their cash flow. With their public funding, NexBank provides specialized interest-bearing accounts and tailored depository services. With their investment banking, they work to get a better understanding of their institutional clients’ objectives and goals to develop customized solutions to help their clients meet their strategic objectives. And with their real estate advisory, a wide range of property management services are provided to their institutional clients, including improving tenant experience, increasing efficiencies, minimizing operating costs, etc.

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