Is Luiz Carlos Trabuco Looking To Create The First Hard Monopoly On Brazilian Banking

The history of Latin America has been riddled with strife. Unstable governments, populist revolutions and despotic tyrants have been par for the course. The region is the very source of the term banana republic, evoking images of a white-clad general adorned with garish ribbons and medals – the incarnate image of the rule of law’s antithesis.

One linchpin in this somewhat sordid past has been the uniquely Latin American version of the monopoly. Companies such as International Telephone and Telegraph, the United Fruit Company and modern-day Telmex have played an outsize role in the recent history of the region. However, despite the fact that these monopolistic firms often controlled a good portion of the economies in which they operated and often directly supported or enabled the regimes of brutal dictators, they also were frequently responsible for bringing economic prosperity and high levels of development to the areas in which they were to be found.

Mexico has been particularly prone to monopolistic businesses. Yet it currently enjoys one of the highest levels of development of any Latin American country. When compared to its neighbors, like Guatemala or Honduras, Mexico seems a veritable shining light of social capital and development. It might be easy to conclude, therefore, that Latin America’s special proclivity towards allowing hard monopolies might not, in the end, be entirely negative.

It is in this context that we turn to the state of banking in Brazil today. Throughout the last few decades, the Brazilian banking sector has consolidated to an extent that would make even the most treacle apologist for the North American banks blush in embarrassment. Today, there are only two meaningful players left. These are Bradesco and Itau Unibanco.

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The former bank is led by a man who is widely acknowledged to be one of the foremost banking experts in all of Latin America. His name is Luiz Carlos Trabuco, and he has spent his entire nearly 50-year career with Bradesco. Recently, Trabuco was able to pull off a major coup. The acquisition of HSBC Brazil rocketed Bradesco from a distant second place to become the leader in Brazilian banking across many different measures. Today, Bradesco is positioned favorably relative to its arch rival, Itau Unibanco.

Although Trabuco has been coy about his true intentions, many astute industry observers point out that he has spent an entire career creating virtual monopolies out of the business units he ran. When he was in charge of the financial planning division of Bradesco, Trabuco nearly cornered the market on high-net-worth personal financial advisory. When he, in turn, became the head of Bradesco Seguros, the firm’s insurance underwriting arm, he, once again, grew the unit into the single largest underwriter of retail insurance policies in the country. Many argue that this track record is the clearest indication of what Trabuco has in store for his firm and those of his rivals.

If Trabuco does, in fact, intend to make a play at total supremacy in the Brazilian banking sector, we can expect the future to get very good for retail banking customers. Some experts are predicting that Trabuco will leverage his firm’s economies of scale, tremendous cash reserves and over $400 billion in assets to undercut Itau Unibanco in all of the markets where the two banks compete. This may drive prices down in the short term.

But if Trabuco succeeds at either pounding Itau Unibanco into a state of oblivion, where it could either be easily acquired or would even face insolvency, the long-term prospects for everyday Brazilian banking customers may look considerably bleaker.

But the prizes for Trabuco, Bradesco and its shareholders for creating a genuine monopoly over Brazilian banking may prove to be irresistible.

Search more about Luiz Carlos Trabuco: http://www.infomoney.com.br/mercados/noticia/6024599/frases-luiz-carlos-trabuco-sobre-economia-brasileira-davos

Kate Hudson talks about Fabletics expansion strategy

Despite Amazon having control of a fifth of sales in the fashion industry on e-commerce, Fabletics is rising to this challenge. With Kate Hudson’s determination, the company has currently made a substantial improvement in the last 3 years. Fabletics has some sort of subscription where they allow for membership and convenience that is pushing their sales above the roof. Nowadays, quality and price cannot make a company grow its sales. Customer service, recognition, and design of a brand are elements that need to be catered to as well in order for any company to succeed.

Fabletics which is comparing itself to renowned companies such as Apple is using the strategy of membership to grow in the market. They are currently expanding their stores further to create accessibility and convenience for their clients. They already have stores in California, Hawaii, and Florida among others. The General Manager at Fabletics attributes the success of Fabletics to their membership program that enables them to know their customers’ needs and enables them to come up with customized brands that are affordable. They provide high-quality athleisure wear at a much lower price than their competitors. This puts them at the front line as they create a loyal customer base for themselves. Fabletics make their products affordable at their outlets and online which makes them unique in the industry. Whichever the method of shopping you use, your potential shopping item is added to your cart.

Fabletics recently hosted an event to celebrate their newly formed collaboration with Demi Lovato. This was their first collaboration and they were excited at the progress they have made so far. Their athleisure wear had stood out to this superstar for what it stood for, the empowerment of women. It does not matter what size, age or shape, Fabletics was making women feel at their best. With a simple lifestyle quiz, they are able to provide you with the best options that will suit your needs. Kate Hudson is a perfect face and representative for this company because she is a true representation of what this brands for. Her lifestyle and nature all suit Fabletics. As a co-founder of this company, Kate has put in extra effort to make sure that the communication, client needs, and sales have improved. As a renowned actress, she is showing exemplary expertise in the business sector. Kate Hudson has enhanced the social media presence of the company and is still following up customer reviews to make sure that they are providing the best in the industry and at an affordable price. Techstyle which is their parent company has also played a significant part in the growth of Fabletics through their experience in the fashion industry.

 

 

Larkin & Lacey

When people talk about civil rights, the thing that comes to mind is racial stuff. You may think of the plight of Blacks, Martin Luther King Jr. and the Million Man March. However, the topic of civil rights extends out to other circumstances, such as labor.

Laborers have been heavily discriminated against by their employers for a long time. The discrimination exists in the form abuse. The abuse is far reaching and includes underpayment, too many hours, sexual harassment, erratic schedules, poor working conditions, racism, classism, sexism, ageism, a lack of benefits, emotional bullying and trickery, denial of rights and not giving proper benefits. Learn more about Jim Larkin Michael Lacey:  https://michael-lacey.com/

Unions have been established to fight the treachery has been committed against laborers. A lot of unions have risen up, and a lot of unions have fallen. Many unions that you read about in books about American history are no longer in existence, though some are. The AFL-CIO is an organization of unions that has been around since the mid-1950s.

It was formed from the combination of the American Federation of Labor and the Congress of Industrial Organizations. The American Federation of Labor was founded in 1896, and the Congress of Industrial Organizations was founded in 1935.

In 2005, a bunch of unions split off from the AFL-CIO and started another organization called the Change to Win Federation, which is now a rival to AFL-CIO. There are countless unions throughout America for an enormous variety of occupations.

Of course, American labor history is polluted with racial struggles—as if being a laborer wasn’t enough of a struggle. Many unions did not want to include anybody who was nonwhite or non-European. Read more: Michael Lacey | Crunchbase and Michael Lacey | Facebook

Some unions did include non-white people. There were labor unions especially organized for non-white people. Even when non-white people were active in unions, it was hard to get their voices heard in the whole scheme of things.

Hispanics and immigrants were especially hit hard by this social dynamic. This dynamic has persisted into the present day, and makes it exceptionally hard for undocumented immigrants to become acquainted with American society.

This struggle has inspired the formation of organizations involved in identity politics, such as the Lacey and Larkin Frontera Fund. The two heroic mean who thought up the establishment of this organization are Jim Larkin and Michael Lacey. The Lacey and Larkin Frontera Fund is not a labor union; it is an organization that lends a kind hand to other organizations.

Nathaniel Ru Talks Sweetgreen

When co-founder and co-CEO Nathaniel Ru started Sweetgreen, he had no idea the company would blossom into a nationally ranked business. Since 2007, Sweetgreen’s become the top salad chain in the country. It’s also setting new standards of fresh and organic ingredients in the food industry.

Backed by some of the biggest names in the industry, Sweetgreen is predicted to take the nation by storm. So far, the brand has 40 locations up and down the eastern seaboard. It’s been Ru’s focus to ensure that every customer gets healthy, fresh, locally farmed organic produce in every salad they order.

For Ru and the other founders, Sweetgreen stands for more than just fresh food. It’s about involving the community in providing healthier, better food. Like many eco-friendly, green companies, Sweetgreen does a lot for the community in the way of charitable acts. That’s just a small part of what Sweetgreen is to people.

That dedication to their customers is what Sweetgreen is all about. On a regular basis, the CEOs shut down much of the corporate office so that each employee can spend time working in one of the restaurants. It’s their way of getting and staying close to their customers.

Maintaining a relationship is something that all the founders have known for years. Since their college days, the friends have talked about the importance of focusing on more than making money. Read more: Nathaniel Ru | LinkedIn and Nathaniel Ru | Crunchbase

That’s why Sweetgreen is more than a company to them. For each of them, owning their own business is something they learned from their parents.

They also learned that it takes a lot of hard work to succeed from their parents. When they first opened Sweetgreen, they were unsure whether they’d succeed. The confidence of success came after they survived their first winter break on campus and all the students had gone home for the holidays.

Nathaniel Ru is more the face of the company. He does a lot of work for the company, but since the company’s grown so much, most of his time is spent dealing with the public view of the brand. He dedicates a lot of his time to make sure the company is what they say it is.

That’s why he’s often the one seen doing interviews. He has the most experience translating the company’s actions into words.

Learn more about Nathaniel Ru:

http://www.businessinsider.com/sweetgreen-founder-interview-nathaniel-ru-2016-3

US HEALTH Group Walking Their Talk

Healthy people make up a healthy nation. One’s health is a sensitive matter that needs expert consultation and proper approach. US HEALTH Group is a family of companies with the primary focus of delivering top level health coverage to their clients.

The conglomerate has been active for over 50 years, and their experience in health insurance remains unmatched. US HEALTH Group operates with an innovative portfolio of plans that allow clients to tailor their health coverage according to their individual needs.

With their affordable, secure and flexible plans for everyone, US HEALTH Group remains at the leading edge in the health industry.

US HEALTH Group Mission

As a medical insurance firm, they work at offering all their insured clients unmatched health insurance coverage plans. Having a reputable health company by your side is equal to discovering a precious stone among rocks that is why US HEALTH stands out together with its licensed family of insurance firms. Their motto is HOPE which means:

H: helping

O: other

P: people

E: every day

The group of companies believes in this acronym since it best defines what they do. The management, staff and US HEALTH’s independently contracted agents live this mission in their day to day lives, they stay committed to giving hope in the form of help to everyone in need.

US HEALTH Group Products

US HEALTH Group products are plenty, and as mentioned earlier, they are tailor made to suit specific health needs. The quality health coverage offered at US HEALTH includes Critical Illness, Life Dental Coverage, Vision, Short -Term Accident Disability Income Insurance, Accident Insurance and Specified Disease.

Why Choose US HEALTH Group?

US HEALTH Group Inc is a reliable health partner for you and your family. There is a host of many reasons to choose their health insurance plans. Their affordability, reliability and 50+ years in the industry gives their insured some peace of mind when they think of health matters. Read more: US Health Group Doctors: Book Online By Insurance, Reviews & ZIP

Apart from the insurance plans, there is so much to benefit from as a US HEALTH Group Inc member. The myUSHG.com portal is specifically put up for the good of the group’s members. Here they can log in to view their personalized information such as:

-Coverage and benefits

-Health and wellness

-Treatment and cost estimates

-Pharmacy and RX services

-Honors and accolades

US HEALTH Group president and CEO Troy McQuagge received the Gold winner award as CEO of the year in the annual 2017 CEO World Awards.

The HEALTH Group also got honored as the gold winner in CEO world awards 2017 for their vital role in Social responsibility initiative. Finally, a Gold Stevie Award was also granted to them the best sales and customer service in the 11th annual Stevie Awards.

Top Investment Management Firms in United States

Matthew Autterson is one of the most celebrated top investment managers in Denver, Colorado. He has been able to portray his philanthropic nature to the community of the Colorado business community through Falci Adaptive Biosystems (FAB), where he is part of the managing Board of Directors. Matthew Autterson has been instrumental in helping clients make investment decisions that align to their goals and objectives. He is also involved in designing investment strategies that will assist clients’ achieve their financial goals and objectives. Matthew helps his clients go through the different investment portfolio profiles so that they can familiarize themselves before selecting a portfolio they will be more comfortable with during the investment period. He then takes the clients through well-organized and structured consultations to ensure that they remain disciplined during market fluctuations.

Matthew Autterson lives in Denver with his family. He is married to Lois and together they have three children and four grandchildren. Matthew Autterson currently works at WIN Wealth Management, one of the top investment management firms in the United States, as a Wealth Advisor. In addition to the many years of experience in the field, he is well educated and boasts of a degree in Accounting and minor in Finance from Buena University.

Investment management is the professional art of asset management of various securities (shares or bonds) and other assets e.g. real estate in order to meet the investors’ goals and objectives. The investors include institutions and private investors who benefit from the specialized advice and technical assistance provided by financial and investment advisors. Investment management ensures that investors are provided with financial investment analysis, asset selection, stock selection, plan implementation and ongoing monitoring of investments to keep track of their asset performance.

Some of the big wigs in the investment management, according to Forbes include: Chevy Chase Trust Company, Canterbury Consulting and Innovest Portfolio Solutions which boast of their success to the nature of how they conduct their business. They personalize the client’s goals and objectives and try and achieve them on the clients behalf. They make their clients financial goals their own and make sure at the end of the day these clients receive satisfactory services.

 

George Soros: A Business Leader and Philanthropist

George Soros was born in 1930 to a non-observant Jewish family in Budapest, Hungary. His parents were able to afford him a lavish life but this was interrupted by the Nazi invasion to Hungary in 1945. His father, Tivadar, sold him to a Hungarian government official to become a Christian godson. This move was to protect the Soros family from being killed during the invasion. Soros in his adopted state helped his people escape the invasion. He left Hungary for London when he was 18 years to purse a bachelor’s and later masters in philosophy at the London School of Economics. In England, Soros worked as a railway porter and a part-time waiter at a bar just to fund his education and stay in England. Later, he worked at various merchant banks in London, grooming himself to becoming the business magnate and investor he is. It was during this time that he began his first Hedge, Double Edge in 1969.

Soros used his profits and savings from Double Edge to finance and start his second Hedge fund, Soros Fund Management in 1970. Double Edge was re-branded and later renamed Quantum Fund was worth about $12 million in assets, but has since grown to $25 billion as of 2011. In 2017, Soros is ranked the richest hedge fund manager in the world. He uses his wealth and fortune in philanthropy work across Europe, Africa, Asia and America. To date, Soros has donated $12 billion in charity. He started off in the late 70’s where he awarded scholarships to needy South African scholars in the University of Cape Town during the apartheid regime.

Through his Open Society Foundations, Soros has had a very active political influence across the world. His vision is clear on Democracy and arbitration of truth. His foundations are active in 100 countries across the world and he uses this as a platform to not only train activists but also positively criticize democracies and voice the truth. He believes in tackling global wars like poverty, health and ignorance so as to defeat acts of terrorism. Soros is known for his support of progressive and liberal politics all across America and has never hesitated to point out errs in governments especially concerning marginalized groups and people based on who they are. Soros has backed major political leaders in the U.S.A including; Bill Clinton, Barrack Obama, Hillary Clinton among others. Soros continues to chair his foundation and is keen on global peace and politics.

 

The Lacey and Larkin Frontera Fund: Supporting People And Organizations, Working Towards The Safekeeping Of Migrant Rights

The Lacey and Larkin Frontera Fund is an organization that has come forward to the aid of people who have been wrongly convicted under the law, and those who have faced any amount of discrimination in society.

The fund was founded by Mike Lacey and Jim Larkin with the settlement money that they received after winning a case against a notable member of the law enforcement community. Learn more about Jim Larkin and Michael Lacey: http://www.laceyandlarkinfronterafund.org/about-lacey-larkin-frontera-fund/relevant-links/

Within the short span of the fund coming into existence, they have created a tremendous impact on society by helping those who do not have the means to help themselves. One of the primary objectives of the organization is to help people coming from minority communities so that they don’t have to be the victims of injustices caused to them.

Racial discrimination has become an extremely prevalent topic in America, with numerous people coming forward claiming that they have been victims of this. The harsher truth is that a lot of these times, this injustice is inflicted upon them by members of society who are on duty to protect them.

Miike Lacey and Jim Larkin had the ill fortune of having to experience this first hand, which is what gave them the impetus to start the organization.

The Lacey and Larkin Frontera Fund does not only help people who are in tough positions, but also other agencies that are working towards achieving the same goal as them. Since Mike Lacey and Jim Larkin want to make a difference on a much larger scale, helping organizations that are more specific to individual communities is their way of helping all those who have been discriminated against. Read more: Phoenix New Time and Village Voice Media | Wikipedia

Through the foundation, Lacey and Larkin want to enforce the rights of people who are not native to the country of America, so that their fundamental human rights can be in place. They want to eliminate the abuse of power that takes place in society, and this was one of the best ways to do so that they saw fit.

Mike Lacey and Jim Larkin had their publication which was a newspaper that they put out every week. The paper only circulated in their hometown of Phoenix, Arizona and would talk about the events and happenings in the city.

At the time, Joe Arpaio was the sheriff of Maricopa County and was responsible for putting away a large number of people coming from Latin American countries. He was also known for bribing jury’s to rule in his favor so that he could send people from this community back to their homeland, even if they had a valid citizenship.

Lacey and Larkin were one of the few publications that decided to make this information public and published an article on it. Soon after, they were taken from their homes and kept in two separate holding facilities which were under the control of none other than Joe Arpaio.

After their release, Lacey and Larkin decided to sue Joe Arpaio for wrongful confinement and misuse of power. They were given a settlement of three million dollars, which they then used to start up The Lacey and Larkin Frontera Fund.

Mathematician Michael Lacey

Michael Thoreau Lacey is as a mathematician, who graduated with a Ph.D. from the University of Illinois in 1987. His area of study was focused on the magnitude of the fluctuations of a random walk, which is a math object that defines a repeated sequence of random steps.

After college, Michael Lacey focused his studies and thesis on the ergodic theory, probability, and harmonic analysis. He also studied under Walter Philipp at the University of Illinois and the two of them worked together at the University of North Carolina.

Michael Lacey’s first jobs were at Louisiana State University and at the University of North Carolina. While working at UNC, Lacey and Philipp presented their thesis to prove the central limit theorem. Learn more about Michael Lacey: https://michael-lacey.com/ and https://michael-lacey.com/about/

Lacey began a Fellowship from the National Science Foundation while working at the University of Indiana from 1989 to 1996. During his Fellowship, he studied the Hilbert transform, and in 1996 he the Salem Prize as a part of a joint effort with Christoph Thiele.

He is now an Instructor of Mathematics at Georgia Tech, a research university in Atlanta, Georgia. He received a Fellowship from the John Simon Guggenheim Memorial Foundation, for his part of the work in 2004. He was also selected to become a fellow of the American Mathematical Society.

The Mathematical Society chooses a class of Fellows each year, those who have made great contributions to further mathematic studies and scholarships. The American Mathematical Society reaches out to help communities with meetings, books about the Society, and other programs.

Read more:

Mike Lacey | Crunchbase
Michael Lacey | Facebook

Jason Hope Believes in the Internet of Things

Jason Hope claims that the Internet of Things is the next big, great, quality industry. The Internet of Things, of course, refers to the way that all of our stuff will one day interact directly with the internet. Think of how smart cars are gaining popularity or how we are seeing more smart technology within households all over the world. The internet is getting into every facet of our lives and Jason Hope believes that the Internet of Things is the next great industry. Let’s take a closer look at how the Internet of Thigns is revolutionizing the way we live our lives and what it could all mean for the future.

The Internet of Things right now is looked at as a form of entertainment — and rightly so. Any time a new tech innovation hits the industry we see it being utilized for entertainment purposes. Jason Hope, a futurist and entrepreneur, points to a few key products that are going to hit the market and make the Internet of Things more successful than ever. He points to Under Armour’s newly launched line of Smart Shoes that track your routes and your physical health. He looks at smart ice cubes that monitor the amount of times you refill an alcoholic beverage, sending an emergency text if you need a ride home. These are just a taste of what is to come with the IoT. To know more about him click here.

However, looking past the entertainment world we can see that the Internet of Things can give us so much more. Hope believes that the Internet of Things is going to be embraced as a way by which we reduce the extensive waste that is prevalent in our society. By streamlining all of our services we can reduce waste, reduce pollution, and even potentially save lives. Hope points to first responders and how they would directly benefit from more streamlined services. Imagine how a police department would be more effective if they were granted the best, most effective technology in order to streamline their every move. Jason Hope thinks that this is just the beginning of big things to come.

Facebook: https://www.facebook.com/public/Jason-Hope