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/

Norman Pattiz Talks About A New Episode, Beyond the Darkness

Paranormal fans are set to have an experience of a lifetime. According to the PodcastOne’s founder and executive chairman, Norman Pattiz, the new podcast, Beyond the Darkness, will be aired on Chris Jericho’s podcast network, which is under PodcastOne.

Norman said that the show would feature engaging and informative conversations with renowned researchers on ghosts, angels, demons, aliens, ghouls, mysteries, miracles, and monster encounters. Moreover, it will also interview individuals who have had personal experiences with supernatural beings.

Like all other shows on PodcastOne, Beyond the Darkness will be accessible from the company’s website or through iTunes. The management of the corporation posited that new episodes of the show would be released every Monday. Learn more about Norman Pattiz: http://www.laweekly.com/location/norman-pattiz-auditorium-hamilton-high-school-6170801

To ensure that the audience enjoys the show, the management of PodcastOne settled on two notable personalities. Dave Schrader and Tim Dennis have hosted several shows on paranormal. Dave is a published author and a radio host, while Dennis is a radio producer and host.

Norman noted that the two hosts would bring with them a huge fan base. By virtue of having many followers, PodcastOne is confident that their presence on the show will increase the audience on their podcast network.

Norman praised Chris Jericho for his efforts of growing the Jericho Network from a wrestling-oriented podcast collection channel to one that has diverse content, including comedy and talk shows. To this end, the WWE star ranks as one of the successful personalities in the podcastOne platform.

Christ Jericho said that he was excited to be part of the team that would provide the audience with a paranormal experience. He encouraged his fans to watch the show and share the good news with their friends and family members.

Chris promised them that Beyond the Darkness would transform what they know about paranormal activities. The WWE star is also confident that the new show will help in enhancing the network’s popularity and audience.

About Norman Pattiz

Norman Pattiz is an experienced radio personality. He has extensive knowledge in the competitive radio broadcasting industry. In recent years, Norman has ventured into entrepreneurship.

Norman Pattiz has founded several companies, including PodcastOne and Westwood One. His transformative leadership has helped PodcastOne to become the largest advertiser-supported podcast network in the United States.

The platform airs some of the world’s popular podcast shows. In addition, Norman has served on the United States’ Broadcasting Board of Governors. He is also the proprietor of PodcastOne Sales and Courtside Entertainment Group.