Archive for the ‘Financial Services’ Category

The Success Story of Randal Nardone

Saturday, May 19th, 2018

Randal Nardone name is not new in most communities in the United States. The businessman is very popular, especially in the finance and corporate world. Randal was given the position of chief executive officer in a very influential company that is known as Fortress Investment. Since then, he has been a very busy man who wants all investors in the world to achieve their investment goals. Randal has taken his numerous tasks in the investment company very well, and this is why the American based company is doing well and at the end of the day transforming the lives of many. Randal Nardone is not just an ordinary company CEO. The businessman has a great reputation in the country.More than ten years ago, Randal Nardone was busy in his office when one of his friends approached him with an excellent business idea.

Randal Nardone and several other investors thought of starting an alternative investment company, and they felt that it was going to perform to the expectation of the customers in the complex market. Led by one of the group members, the friends started Fortress Investment. All of the founders of the financial services company were experts in various finance departments, and they knew the mistakes to avoid and the path to follow so that they can emerge successful. The friends needed to select leader in the company so that they can all work hard and impress the international community.Nardone was appointed by his friends to take the position of company leader after a lot of research.

The other partners in the company felt that Nardone was the suitable candidate for the position of CEO because first of all, he had a great educational background in finance. Nardone was also excellent when it comes to showing the rest the path to take so that they can reach their destination. Randal accepted the position of a leader since then, and he has never made his colleagues regret the decision they made. All of the founders of the investment company are known for being very wealthy. Most of this wealth has been accumulated because of the wise decisions Randal has been making when working in the position of a leader. Randal Nardone was born in a normal family many years ago. Unlike many young people who joke around with their education, Randal put in a lot of effort, and this is the reason he has done so well in his career.

Michael Burwell Encouragement To Entrepreneurs

Wednesday, May 9th, 2018

Michael Burwell is a skillful and very experienced business person. He gained his skis by working for many years in Pricewater house Coopers where he started working there as one of the middle-paid employees in the company. Due to his progressive hard work and a very positive reputation in the company, it earned him much respect which gave him opportunities to be among the senior members of the company. He had a Bachelor of Arts Degree in Business Administration which shows that his work matched with his carrier.

 

Since Michael Burwell portrayed most qualities that could lead to the success of any business, he was first given the role to work as an assurance practice where he offered business advisory services. His hard work was consistent, and he had dedicated his efforts to the growth and development of the company. As a result, he was promoted to the PwC’s Detroit Transaction Services. During this time, he also put a lot of effort to ensure that the company attained the maximum net profits it could. And this also gave him an opportunity to get higher promotions in the company until he was elected as the Vice Chairman Global and US where he ensured that his former company Pricewaterhouse Cooper had grown and developed to a reasonable level.

 

Michael Burwell works at Willis Towers Watson as the Chief Financial Officer in the company. He plays a key role in every aspect of the company’s development. He believes that to be more productive, technology must be considered as one of the key factors on production. This is because it enhances efficiency in that more can be produced using fewer resources such as time and when the production cost is decreased, the net profits are likely to be higher.

 

Michael Burwell also tries to create a network with other successful people to learn more and get new ideas on how to increase the company’s growth and development. He listens to other people carefully and tries to understand them so that he can figure out how he can bring those ideas in to real-life situations.

 

Michael Burwell is a motivation to other entrepreneurs who should also be able to turn even the negative observations in to definite ideas in business and learn how always to fill the gap that may be existing in the market. See Related Link to learn more.

 

Visit: https://www.firstwatch.net/who-we-are/firstwatch-team/michael-burwell/

The Amazing Credit Solutions Provided by GreenSky Credit Corporation

Wednesday, May 2nd, 2018

David Zalik aged 43 years old, is the founder of the GreenSky Corporation, a company that deals with providing credit solutions to customers in the nation. He has a great history of success in his business career and therefore advises young entrepreneurs on effective ways of accomplishing their business goals. David Malik has played a great role in connecting various customers to financial institutions in the United States through his platform. This has helped in improving lives of many individuals in the country and hence GreenSky Company gains recognition for it.

The GreenSky Company was founded in 2006 as a private corporation with its headquarters being based in Atlanta, Georgia. The company is highly praised for its proficiency in availing credit services to all their customers in the country. It partners with financial institutions to offer technological improvements meant to enhance services to their customers. The company thus acts as an intermediary in the provision of the credit services to all its customers within the United States. Some of these services include loan advancements, healthiness , furniture, roofing, window fittings, and installation of solar services in homes of the customers.

This provides an easier way of accessing reasonably prized funds among young entrepreneurs or even other interested consumers. Other medium organizations or companies are also not left out in this. All these efforts are centered on improving lives of the clients they work with. In all these services GreenSky gives a chance to customers to acquire loans of the amounts that suits their needs.

Most businesses thus use these funds to finance  their businesses in purchases of goods and all other transactions involved in the business until the final sales are completed. Customers access these loans through the financial institutions such as banks and other microfinancing organizations. However, the loan credibility is based on the customer’s pas t information on the payment issue.

The company, therefore, has no attempts at being a business rival to banks in the industry since they are completely different in their operations. Any financial institution willing to partner  with GreenSky can thus do it comfortably to advance its services as well as maximizing its profits.

https://www.cnbc.com/2017/05/15/greensky-2017-disruptor-50.html

Jed McCaleb: pioneer of cryptocurrency

Wednesday, April 11th, 2018

Jed McCaleb is the founder of Stellar.org, a development foundation. He started the organization in partnership with Joyce Kim. The foundation was established in 2014. McCaleb’s significant role in the organization is overseeing technical developments as the chief technology officer.

McCaleb has been a developer of cryptocurrency for an extended period. He foresees the technological changes in worldwide financial exchange. At Stellar McCaleb together with his department are focused on coming up with a cryptocurrency system for making international financial transfers. In an interview, Mr. McCaleb stated that with time cryptocurrency would like to be embraced and used by many across the world.

He states that it is also likely to be a universal payment system. The system would have a record system which would be available to the public. Additionally, the system will not be able to be randomly changed by anyone. This system will as well allow people to change the universal “currency” into their currencies.

Mr. McCaleb also said that the use of initial coin offering is an indication of markets which are not yet in the financial system. Initial coin offering involves the sales of tokens. In four years this exchange has brought in almost $9 billion.

The token exchange works in such a manner that to make contributions to a project, the investors buy digital coins. McCaleb is confident that the same system can be employed for the stock exchange.

McCaleb goes on to predict that probably in the coming ten years every financial transaction including trade will be done using digital coins. He states that for this to be possible, there must be the use of a decentralized system as using one central management for every form of exchange would be hard to manage.

Several companies are coming up with their digital coins. For instance, Currency is trying to enable the stock exchange to be done using bitcoins. Stellar has also come up with their own, known as lumens; it is one of the most extensive cryptocurrency networks.

Michael J Burwell Brings His Experience To Willis Towers Watson

Wednesday, March 28th, 2018

Willis Towers Watson, a renowned global brokerage, solutions and advising company which has announced Mike J Burwell will be the CFO. Mike will be succeeding Roger Millay who is going to voluntarily retire in October.

 

A former employee and high-level manager at PwC, Michael brings well over three decades of background in the finance and professional service industry. Mike served in several leadership and executive roles at PwC for 11 years. Michael was the Manager of U.S. Transformation for PwC and served as CFO and COO of the U.S. division and was the manager of the Transaction Services division. Also, Mike brings over a decade of auditing knowledge and over 12 years of knowledge in Transactional Services advisory. Mike helped firms with their pre-merger evaluation and the due diligence process.

 

Commenting on this recent news, Mr. John Haley, the CEO of the company declared, “We are very thrilled to have Michael to join the leadership of our company at this important stage of development. Michael has a good understanding of leadership and driving sustainable results in a sophisticated, global firm with a enormous concentration towards satisfaction of clients. I’m assured that Michael’s vast knowledge of transaction, transformations and financial services will be a key factor in the growth efforts and integration efforts of the company, allowing us to attain our very best potential.”

 

“I have to thank Roger Millay’s strong leadership skills and contribution to Willis Towers Watson. He is leaving the company much stronger thanks to his wisdom and has truly placed us in the path of success for our foreseeable future.’’

 

Refer to This Article for related information.

 

‘’I am truly honored for having the opportunity to join Willis Towers Watsons team,” stated Michael. “In every encounter with the company, I am delighted with the firm dedication to clients, comprehensive and collaborative vision and direction. I honestly cannot wait to help the company succeed.”

 

Before he worked at Willis Towers Watson, Mike spent 30 years at PwC. Mike strategically drove innovation in his Transformation role, optimizing organizational strength while overseeing a wide variety of internal positions including the Finance and Human capital, Global Sources division, and the Technological branch. Mike also served as the relationship management executive of various clientele while working at Price Waterhouse Coopers. Michael Burwell is a chartered CPA who earned a Bachelors degree for Administration in Business at Michigan State.

 

See Also: https://www.reinsurancene.ws/willis-towers-watson-hires-cfo-replacement-burwell-pwc/

Ricardo Guimaraes’ Strategy to Making BMG Successful

Sunday, January 7th, 2018

Among the Brazilian entrepreneurs, Ricardo Annes Guimaraes is recognized for investing more in sports. He has received the diploma of Honor to merit from the City Hall for his help and support for sports in Brazil. Ricardo has also been awarded the Great Collar of Legislative Merit. His contributions towards development of sports in Brazil are invaluable seeing that he was able to stand in the financial gap of the Atletico Mineiro Club.

Ricardo has contributed to the construction of one of the best equipped Training Centers in Brazil. Apart from football, he also supports other games as his way of giving back to the community. He has also invested in several hospitals to promote the health sector and create a healthy population in Brazil.

In his speech at the event when he was receiving the Honor, Ricardo was happy to recognize his grandfather who he started the tradition of investing in sports and he was continuing with the tradition. As the president of the BMG bank, Ricardo confesses that as a family bank, it highly invests in sports (https://www.cmbh.mg.gov.br/comunicacao/noticias/2016/11/).

Ricardo Guimaraes has been fortunate in that he came from one of the richest families in Minas Gerais. He has been the president of Atletico MG and during his tenure, he was passionate about the world of sports and after taking the leadership of the BMG bank, he was able to maneuver with ease in the market (http://maquinadoesporte.uol.com.br/bio/ricardo-guimaraes.html).

By creating ease of access to funds by the football clubs, Ricardo has made BMG bank to have higher returns and he continues to increase investing in sports. After taking the leadership of the bank, he has been able to lead in sponsorships of football through the bank, taking most of the Serie A clubs. The bank maintains the privacy of the clubs that it invests in and does not share their information to any third party for any purpose (http://esporte.ig.com.br/futebol/bmg+se+torna+investidor+mais+influente+nos+clubes+brasileiros/n1237962700977.html)

As a businessman, Ricardo is always keen on opportunities he gets. He always weighs the opportunities and picks one that will give the best results. He also take chances and invests in areas that analysts have raised concerns about but shows a promising return (http://esporte.ig.com.br/futebol/bmg+se+torna+investidor+mais+influente+nos+clubes+brasileiros/n1237962700977.html).

According to Ricardo, the talents of athletes and footballers should be given support so that they can be trained to professionals who are committed to their goals and driven by discipline. This creates more creativity in him to make sure that sports become successful and in the process, his company gains recognition and promotes the livelihood of its employees (http://pt.wikipedia.org/wiki/Usu%C3%A1rio(a):Ricardo_Guimar%C3Aes_BMG).

Follow Ricardo:youtube.

An Example of Successful Capitalization through Senior Notes

Monday, March 6th, 2017

Nexbank Capital Inc. is a privately owned financial services provider involved in banking and financial services. Recently, NexBank Capital raised additional capital through unsecured senior notes, realizing a total of $155 million. The private placement was hugely successful and the notes oversubscribed. The notes are stable attracting a BBB investment rating from the Kroll Bond Rating Agency. The elements of the offering include a five-year 5.5% fixed rate interest and subsequently a floating rate.

Speaking at the announcement, the CEO and President of NexBank Capital, John Holt, reiterated that the recognition of the senior notes from the rating agency is a testament to their strong position in the market. The oversubscribed state of the placement demonstrates investor confidence in NexBank to succeed and deliver long-term benefits. Sandler O’Neill & Partners advised the offering, and the unsecured notes would require registration before being used for trading.

NexBank’s business success was validated by the extensive institutional support the placement enjoyed. The capital is intended to go towards clearing cumulated obligations, operational business growth, and strategic future capital investments. NexBank Capital achieved a 71% year-on-year growth rate in 2016 in total assets and over $83 million in net income the same year.

NexBank Capital is a subsidiary of NexBank SSB, a financial and banking services provider founded in 1922 and based in Dallas, TX. NexBank Capital has operations in commercial banking, investment and mortgage banking, and institutional financial services. Its major clients include financial institutions, corporate and institution-based customers, real estate investors, brokerages and small and medium enterprises. NexBank SSB was previously known as Heritage Bank with the name change taking place in 2005.

NexBank Capital has realized tremendous growth with John Holt as CEO and President. It has expanded its operations with over $4 billion in assets to date to become one of the largest banks in Dallas, TX. In 2014, Bank Director recognized NexBank Capital’s rapid growth in core deposits ranking at number one in the second quarter of the same year. In addition, The Independent Banker ranked NexBank SSB at number five on its list of the community banks with more than $1 billion in assets.