Here’s How Luiz Carlos Trabuco Earned The Position Of CEO At Bradesco – Mr. Trabuco’s Early Career, Upbringings, And Other Lesser-Known Information

Bradesco is one of the biggest banks in the entire country of Brazil, having been ranked as the largest bank for several decades after its foundation in 1943 by Amador Aguiar. Although it semi-recently lost its title as the number-one financial institution in Brazil by size, Banco Bradesco still retains the title of second-largest bank in the only country in South America with an official language of Portuguese – Brazil.

The current Chief Executive Officer of Bradesco is Luiz Carlos Trabuco, having held the position since his internal appointment in March of 2009. Dissimilar to the vast majority of executives in today’s business world, Mr. Trabuco found his way through the many ranks of Bradesco by working from an entry-level position, upwards. Believe it or not, Luiz Carlos Trabuco started his career with the bank as a teller, tested from his very first day on the job in 1969 with tough customers. Rather than leaving his position early on, Mr. Trabuco toiled away for the next two years, dealing with the most disinterested, rude, and flat-out mean customers and clients. In 1971, Luiz Carlos Trabuco found himself accepting a promotion to the bank’s headquarters in Osasco, a neighborhood of Sao Paulo, traveling in excess of five hours – three hundred consecutive minutes without stopping, at the speediest – driving full-speed on the highways in Brazil’s countryside.

Prior to his 1969 job offer as clerk, Mr. Trabuco first went to college – two of them, to be exact. To start off his academic career, Luiz Carlos Trabuco finished up high school faster than every single one of his peers did, finding himself eligible for enrollment at postsecondary institutions far before most of the teenagers his age were three years away from graduating. To earn a bachelor’s degree in Philosophy, Luiz Carlos Trabuco found a spot at the University of Sao Paulo, the all-around, hands-down best university in the entire state of Sao Paulo. Having been in operation for at least 30 years at the time he first enrolled, he graduated from the Faculty of Philosophy, Letters, and Human Sciences of the University of Sao Paulo in less than the standard four years required by a majority of students, if not longer.

Following the completion of this esteemed bachelor’s-level program, the teenaged Luiz Carlos Trabuco immediately thereafter applied to the postgraduate degree of Socio-Psychology at the Foundation School of Sociology and Politics of Sao Paulo. He graduated with the Socio-Psychology certificate right before he turned eighteen, the same time his peers were graduating secondary school – lucky Luiz.

Showing dedication to his soon-to-be longtime employer of Banco Bradesco, Luiz Carlos Trabuco moved back to Marilia, nearly 300 miles away from the Osasco neighborhood of Sao Paulo, the area he had just earned two degrees from. After completing two challenging years as a bank teller at the bank’s initial branch in Marilia, young Mr. Trabuco was offered a position at Bradesco’s headquarters in Sao Paulo, to which he accepted, moving back nearly 300 more miles to Osasco, Sao Paulo.

After thirteen years of dedication to Bradesco’s corporate office, Luiz Carlos Trabuco moved up to the rank of Director of Marketing in 1984. Eight years later, in 1992, he filled the position of Executive Director at Bradesco’s pension division, serving retired company employees in designing their plans and remitting to them monthly payments to stay afloat in their golden years of retirement. In 1998, he moved up to President within this division.

Soon after, in 1999, Mr. Trabuco was appointed Executive Vice President of Bradesco Seguros, its insurance subsidiary. 2003 rolled around, in which Luiz Carlos Trabuco became the President of Seguros. Six years later, he earned the title of President of the whole proverbial shabang. Since, he’s done great things at Banco Bradesco.

Equities First Holdings Provides Inventive Alternative Sources of Capital

Since its launch in 2002, Equities First Holdings (EFH) has been a leader in the provision of alternative financial service. It has supplied funds against public traded share to allow customers to achieve their goals. The firm prides itself on completing over 700 transactions and delivering over $1.4 billion in funding. It operates on an international scope and has offices in nine strategic countries.

EFH spots a rising trend among clients who use stock-based loans

EFH is detecting an increase in the usage of stock-based and margin laws in a challenging climate where banks and other notable lenders have introduced complex lending criteria. Investors who are in need of urgent capital and individuals who do not meet the requirements of convention credit-based loans can turn to Equities First Holding for assistance. However, such persons must be holders of publicly traded shares. They should be willing to use their shares as security for obtaining the loans.

What makes EFH’s share-based loans unique?

Equities First Holding adheres to high integrity standards and participates in sound business activities. The firm is always prepared to reimburse borrowers’ shares once the transaction matures. The policy remains intact even after the decline in the share value that may arise during the transaction. EFH sets fixed and affordable interest rates for its stock-based loans. The firm’s team of loan advisors guides the clients through the entire process of loan application.

Types of securities-based loans

  • Margin loan: While this loan uses stocks for collateral, it has some similarities with credit-based loans. For instance, the borrower ought to be pre-qualified, and usage of the funds is limited to the terms and conditions. The loan-to-value proportions may be between 10 and 50 percent. In the case of a margin call, the lender has the right to liquidate the client’s collateral without notice.
  • Stock-based loans: The fixed interest ranges from 3 to 4 percent and proportion of loan-to-value falls between 50 and 75 percent. The borrower has the right to use the money for any legal purpose. Most share-based loans operate under the non-recourse policy and, thus, the lender reimburses the borrower even after the collateral stock has depreciated.

Equities First Holdings Sees a Growing Trend Among Borrowers Who Use Stock as Loan Collateral to Secure Working Capital

Equities First Holdings is a leader in the provision of alternative loans using stocks as the collateral. In the recent past where the economic crisis has slowly hit the world, the need for an alternative financial solution is growing. Therefore, Equities First Holdings presents itself as the next best way to secure fast working capital for your business. These loans are characterized by the non-recourse feature that lets you walk away from the loan without worrying about paying back. For this reason, they allow you to enjoy your investment. As a matter of fact, banks and other lending financial institutions have tightened their loan qualification criteria.

Due to the economic crisis hitting the world they have increased the loan interest rates and cut down their lending options. For this reason, most of their applicants will walk away without meeting their needs. This calls for another better financial solution to get the way. Equities First Holdings offers itself as the reliable financial solution that uses stocks as their collateral to issue loans. While many other large financial institutions allow you to get the stock-based loans, Equities First Holdings offers the best services as a private firm. The large banks like the JPMorgan Chase bank issue stock-based loans. However, they have many restrictions as a public company.

For borrowers who do not qualify for the credit-based loans and need fast working capital, Equities First Holdings has grown enough popularity to serve your needs. While there are numerous options for borrowers out there to secure money for themselves, the banks have cut down their lending criteria. There is an increased interest rate on the credit-based loans.

On the other hand, the stock-based loan allows you to enjoy minimum low-interest rates of up to four percent. For this reason, you will benefit from the proceeds of your loans. Whenever you fail to pay the loans, you can walk away from the loan without any further obligation to the lender. The stock-based loans offer a higher loan-to-value ratio.

During a three-year loan term, there is always inevitable market fluctuation. For this reason, the borrower must protect their stock values. However, the stock-based loans are here to protect you from because your investment risk is low. For this reason, you will keep the proceeds of the loan without remaining under the lender’s obligation. According to Al Christy, there are marked differences between stock-based loans and margin loans. Moreover, stock-based loans are better.