Brazilian Banker Luíz Carlos Trabuco Knows How To Help His Bank

Brazil may be the poster child for the down and out, politically speaking, but Brazilian banks are laughing all the way to the “bank.” The two giant private banks, Bradesco and Itaú consistently earn returns on equity even when the government is falling apart, and when it has its political “fingers in the cookie jar” Banks turn up the financial heat in bad times. The two private banks manage to return 20 percent of each dollar invested every year. Big banks in the United States only realize 10 percent from each dollar invested.

Even when exports are down, and manufacturing is at a standstill, Brazilian banks are tearing it up, economically speaking. The four biggest banks in Brazil have revenue of more than $20 billion. Twelve years ago, revenue was only $2.1 billion. The funny thing is, 12 years ago Bradesco’s CEO, Luiz Carlos Trabuco, was turning in incredible profits figures as president of Seguros, Bradesco’s insurance division.

The 66-year-old Luiz Carlos Trabuco is not an ordinary banker in terms of education. He’s more thinker than numbers geek. And he has a long history of successes. Other Brazilian banks went into hibernation mode during the recession, Trabuco and his Bradesco team did all they could to build solid social programs within the bank. Mr. Trabuco knows receiving starts with giving, so he went to work and got employees in all 5,000 branches to care about giving back to the community. On the national level, Trabuco is happy to report the bank’s support for national programs. The Brazilian Green House Emissions Program, Companies for Climate Change, and Global Compact, as well as the Carbon Disclosure Program, are all part of Bradesco’s giving back program.

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Banco Bradesco is also turning heads on Wall Street. In the first quarter of 2017, the bank was on fire in terms of profits. More than R$9.3 billion went to Bradesco’s bottom line, and it looks like the second half will be another record breaker. Bradesco’s stock is trading at a little over $10 a share, and Wall Street analysts are pushing investors to buy more now. The economy may be in slow motion, but banks are reaping the rewards of insurance, government programs, bonds and a drop in interest rates. Even though the government is still in turmoil, the unemployment rate is dropping and so are inflation and interest rates.

It’s unfair to say Luíz Carlos Trabuco put the 43-year-old bank in this abundant position on his own, but it is fair to say Trabuco was the current maestro for the success of Bradesco. Bradesco’s Board of Directors had faith in Trabuco early in his banking career because Luiz is a banker with a solid psychology and philosophy background. He has a degree from the University of São Paulo, and a post-graduate’s degree in psychology. His banking career got off the ground in 1969, and after almost 40 years, he can say he knows how to manage banks. Trabuco is a team player. His list of duties would put much younger bankers under the table, but Trabuco still has the energy and knowledge to make a difference.

Mr. Trabuco is Vice-Chairman of the Board of Directors of Banco Bradesco, and he is the current President-Director of the Bradesco’s organization companies. Trabuco is Board Chairman of Directors of Elo Participações, and he is a member of the Board of Directors of Brazilian Federation of Banks. Plus, Mr. Trabuco serves on the Strategic Committee of Vale. But he also on the Executive Board of the National Confederation of Financial Institutions. Trabuco also was instrumental in Bradesco’s acquisition of HSBC in 2015.

Learn more about Luiza Carlos Trabuco: http://istoe.com.br/5442_NOVO+COMANDO/

The Success Journey of Talk Fusion In Telecommunication Sector

In 2016 the Talk Fusion was awarded the communications solutions product of the year award. This award is given by the Technology marketing corporation to honor unique products that offer improved voice, data, video and communication. This award is the second award that the company received in 2016 to acknowledge its efforts. The executive of TMC, Rich Tehrani acknowledged Talk Fusion a s an entity that set an example simply by providing the best products and services that keep up with the contemporary market. Learn more: https://www.forbes.com/sites/quickerbettertech/2010/11/10/talk-really-can-be-cheap/#355f7a864e80

 

Talk Fusion enables users to use the video chat in ensuring face to face communication with whoever they intend to despite their location. The Talk Fusion application is also readily available on iTunes and Google store to in case users need it. Bob Reina, the founder of the cross communication platform, has assured that more plans to ensure the platform is always ahead in its market are in place. The platform is known for providing the all in one video marketing solution which are five leading video communications products including the video newsletter, sign up forms, live meeting, video email and video chat graphics. Talk fusion additionally launched the Free Trials which last for thirty days for those customers who want to try before purchasing and a new site that will enable its users and also entice more customers. Learn more: https://talkfusion.com/en

 

Talk Fusion’s primary aim is to aid entrepreneurs to shine in their field of expertise and also help them in attracting more customers. In 2007, Bob Reina established Talk Fusion. This forum enables marketing between one individual to another globally. Currently, it operates in 140 states worldwide. Talk Fusion tends giving back to the community hence it is an active participant in charity events. The company has an Instant Pay and compensation scheme that enables people to receive their pay within a suitable period. Money earned is paid instantly through deposing it to the user’s E-wallet account. It also has an active team dedicated to customer satisfaction and possesses innovative ideas for the forum. The most competent team members are awarded cash bonuses and commission to encourage them. The team also takes on new customers and shows them the ropes. Learn more: http://www.huffingtonpost.com/author/bobreinatalkfusion-704