Ned Bittinger

The Business Side of Art

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September 2017

Luiz Carlos Trabuco Knows Bradesco

Few Brazilian bank executives have ever come close to the level of influence that Luiz Carlos Trabuco has had in the financial market. In addition to having been the fourth CEO of Bradesco, he has many impressive accomplishments over the multiple decades that he has been with the bank, which justify why almost every public opinion he states or announces to the media ends up being followed by key political and business leaders throughout Brazil.

Most of the topics that Luiz Carlos Trabuco approaches become headlines of the main newspapers and economics magazine covers. Bradesco has been proud of the influence that Trabuco, as one of its most important leaders, has used to open doors in the financial market for Bradesco. Luiz Carlos Trabuco has been responsible for a large portion of the success of Bradesco as the second largest Brazilian private bank, which is not far behind Itaú-Unibanco, the largest private bank. Luiz Carlos Trabuco is still in his 60’s, and he demonstrates absolutely no sign that he might be stepping away from the financial market.

Luiz Carlos Trabuco was the first pick in Bradesco to succeed Márcio Cypriano, who headed Bradesco as the third president since Amador Aguiar, Bradesco’s founder, and first president when Bradesco took its first steps as a bank in 1943. Luiz Carlos Trabuco truly comprehends Bradesco’s corporate culture. He was very successful in several different positions at Bradesco for 40 years prior to becoming president. Trabuco started at an entry-level position at Bradesco and worked climbed the corporate ladder; at age 47, he was offered the position of vice-president of Bradesco. Trabuco was responsible for managing the private retirement funds and the marketing area as well before he accepted the position of vice-president. Throughout the period that Trabuco led the Insurance branch of Bradesco, which is called Bradesco Seguros, it was the level of the results that he achieved that made Luiz Carlos Trabuco gain the bank’s recognition. Luiz Carlos Trabuco’s results made Bradesco’s market share increase from 23% to 25%. This market share growth made Bradesco Seguros responsible for over a third of Bradesco’s income. Under Trabuco, Bradesco Seguros’ financial results rose from 26% to 35% of Bradesco’s total income.

Luiz Carlos Trabuco is also from the same city as Amado Aguiar, Bradesco’s founder. Both were born in Marilia, São Paulo. Trabuco has three children and is married. Trabuco holds a degree in Philosophy from USP (Universidade de São Paulo). Luiz Carlos Trabuco recognized for his sense of humor as also for his very outgoing smile. Trabuco is not considered to be the stereotypical banker. Most of the time, bankers earn degrees in Accounting, Business Administration, Economy, or even in Engineering. Luiz Carlos Trabuco holds a Philosophy degree and a Social Psychology degree from the School of Sociology and Politics of São Paulo (Escola de Sociologia e Política de São Paulo).

Luiz Carlos Trabuco succeeded in making Bradesco play out into the modernized banking world. He initiated this change in the mid-80’s while he was leading the marketing area. Luiz Carlos Trabuco is also to credit for Bradesco’s greatly improved relationship with the media while he was leading the marketing area.

Bradesco was a very conventional bank due to Amador Aguiar’s standards of offering the same things to every client. Luiz Carlos Trabuco is responsible for reshaping this concept and even creating the possibility of overdraft protection to some of its clients and as well as establishing Bradesco Prime agencies to attend high-income clients.

Jason Hope- Impacts of Internet of Things

Technological advancements have been talking this world by storm. What was not even heard of a few decades ago is almost obsolete right now. What was never imagined a few decades ago is now a norm. Take the example of the internet. A few decades ago the internet was unheard of, as I write this today, everyone is using the internet. Smart devices such as smartphones and computers today are owned by many people in all parts of the world. A few decades ago people were using mobile booths, today they walk with portable devices in their pockets. The internet that is used today is high speed and one that is connected to homes via cables or one accessed via remote means. Through the internet, the world has become a global village. It is possible to know what is happening in countries millions of miles away by just a click of a button. The new term in the world of technology is Internet of Things.

The Internet of things is the latest technology to hit the universe. It is a relatively new concept that is gaining ground by the day. Many companies and individuals continue to accept the concept as the future of technology. Internet of Things is a concept whereby common devices (electronic) connect with each other and share information that will help them assist each other in the implementation of tasks. As of today, many people are familiar with the concept where one can connect their car to their mobile phones. In such a scenario, it is possible to control your vehicle using a phone. This is now a commonly used feature. This is now the concept of Internet of Things in the application. However, this is just the concept in its initial stages of implementation. There is so much more to do with this concept.

The internet of things as Jason Hope predicts will transform the way people go about their daily lives. More is expected as big companies face off in competition to win over customers towards their brands. The companies will be competing on which can make the best applications for use by the clients.

About Jason Hope

Jason Hope is normally referred as a futurist. He hopes to predict the direction technology is likely to follow in the near future. Jason is a firm believer that technology has the capacity to change the lives of people. Jason Hope is one of the strongest advocates of the Internet of Things concept. He has published a lot of articles on the direction this technology is likely to lead us to.

Jason Hope is a finance professional and holds a degree in finance. He has been able to blend his business mind with a passion for technology.

Jason Hope Info:

Helping Avoid Confrontations in Jail with Securus Technologies

Each day that I show up for work at the local prison, I know I could be going home in an ambulance because the inmates would love to get their hands on me if they could. I spend forty hours a week in the jail, these inmates are there every single minute, and they are looking constantly for any weakness in the system they can use to their advantage. The only way to even the odds, me and my fellow officers must utilize ever resource we have at our disposal in an effort to keep the peace.


The first piece of business that we tend to each day is meeting with all the visitors who come to see the inmates. They are all told about how bringing anything into the jail could result in prison time if caught, and that they will be searched before they can meet with the inmates. We search the inmates after these sessions to make certain nothing was able to get into their hands. Even after all this, we do searches on the inmate cells and we even check their mail to make sure nothing can get into their hands.


When our prison was contacted by Securus Technologies to have our inmate call monitoring system upgraded, we now had and even more powerful resource in our hands. The company is based out of Dallas, has 1,000 employees, and all the staff is working very hard to make this world safer for us all.


In only a few days after the system was up and running, we heard inmates discussing how to get drugs into the visitor center, where they hid those drugs outside of their cells, and whether they were using or selling the drugs once they had them in their possession. We take instant action to eliminate these treats as soon as we get the alert.


Leading Financial Institution

NexBank Capital is a financial institution that serves its clients in three principal businesses. The services include commercial banking, mortgage provision, and other institutional services. Primarily, personalized banking services are provided to financial institutions and cooperation nationwide. The NexBank has its headquarters located in Dallas, Texas where it carries out its commercial operations. James Dondero is the chairman of the financial institution that founded in 1922.


John Holt, president, and CEO of NexBank has maintained a remarkable progress in the development of the commercial industry and raising the capital shares. In his regime, the bank has introduced two core products for their clients. The products include investment banking and online transactions that help businesses with commercial and transaction advisory. Moreover, they provide a working strategy and a short term working capital to companies.


Progress Made by the Bank


The bank has partnered with Habitat for Human International which is a non-profit and non-governmental organization. As a result, the financial institution has registered nearly a 100 employees who provide banking services to their clients. Additionally, on August 9, 2017, NexBank raised $20 million in additional investment capital. In the same year, their Financial Literacy Program reaches out to 1,600 Dallas students.


With $6.4billion asset as of June 2017, NexBank distributes institutional services, delivers mortgages, and commercial banking. Also, the bank shows its commitment to serving financial cooperation, medium-firms, and investors in real estates.


Charitable Activities Conducted by the NexBank


Banks and their employees are concerned and always want to donate to the needy families. The charity work is achieved through their established Texas Bankers Association. The bankers give to assist the Officer Foundation controlled by Dallas Police Association. In case an officer succumbs to injury or death, the funds raised are used to support the family members of the victim.


In the aftermath of Thursday’s night attack by a sniper in Dallas downtown, Plains Capital Bank located in Dallas reached out to Dallas Police Unit with donations worth 25,000 dollars. John Holt said that the overall support from business and citizens was not only a testimony to the people of Dallas but generally to the Texans.

The Corporation that Saved an Entire City

Boraie Development LLC, and its president and leader, Omar Boraie, are the only reasons that New Brunswick, New Jersey is the thriving city it is today.

Omar Boraie desperately wanted to see New Brunswick thrive like the European Cities he saw in his travel. He relayed this vision to many but they only laughed at him. They were not like him. They were not visionaries. They could not see what he saw. However, after four decades of toil, he would prove them all wrong and win their allegiance.

According to, Boraie Development LLC has been building in the New Brunswick area for about thirty years. During this timeframe, they can conducted a little over $150 million worth of transactions. This has been in both the commercial and residential sectors. One would not know it by looking at the company’s main website, but if you would check out the article on, you would discover how these transactions have been used to better New Brunswick.

Boraie Development LLC and Omar Boraie wanted to help New Brunswick grow by accomplishing four goals. They wanted to make New Brunswick a place where families wanted to stay. They wanted to entice businesses to come to the area. They wanted to reward current businesses for staying. Lastly, they wanted to bring in professionals so that the city of New Brunswick would have everything to offer anyone.

Boraie Development LLC began accomplishing its first goal in a way that makes my fatherly heart proud. According to the New Jersey Stage, Boraie Development LLC provided the community with an event now known as “Free Summer Movie Series”. This movie series took seven recent animated movies and provided them to the public free of charge.

Boraie Development LLC also made New Brunswick better by enticing businesses to come and do business in the city. Again, according to, they accomplished this by building two towers, aptly named Albany Street Tower 1 and Albany Street Tower 2. These provided the city with class A office space, which is what businesses were looking for at the time.

Boraie Development LLC would then enter into negotiations in order to help Johnson and Johnson to stay. Rutgers Magazine says this was a key victory for New Brunswick.

Lastly, Boraie Development LLC built over 370,000 square foot of residential homes that totaled over 17 stories. This was needed for professionals to find adequate housing.