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Category: Banks


Improved Standards in Banking Sector

Posted by in Banks

Nexbank currently acquired college saving bank of Princeton in New Jersey (full article here) which was specializing in 529 Plan College saving plan aimed at helping its members with saving and investing services. John Holt, the CEO of Nexbank, announced that the college saving bank would not change its name sand also the branding but…


Kyle Bass Predicts Massive Devaluation of Currency in China

Posted by in Banks

  Kyle Bass is a billionaire hedge fund manager based out of Texas, but originally from Argentina, who made headlines when he bet against America’s sub-prime housing market in 2008, and the result was a recession from which Bass managed to profit considerably. Bass didn’t cause the recession, but he had the foresight to profit…


NexBank: A Growing and Promising Financial Institution

Posted by in Banks

NexBank, a $3 billion regional financial institution based in Dallas, Texas, has recently announced they have appointed Mary Pirrello to be their president for the 2016-2017 term. Pirrello previously served as the financial institution’s Senior Vice President of National Warehouse Lending before being appointed president. With over twenty years of experience in the financial industry, Pirrello has also served in additional leadership positions at other financial institutions before beginning her current stint at NexBank. In 2015, NexBank reported strong financial results, which they have consistently reported for the past four years. The financial institution reported their total assets equaling $2.72 billion at year-end, which was a 48% growth over what they reported in 2014. Their loan total increased 42% in 2015, and their total deposits grew 32% year-over-year. These impressive results show how successful NexBank has been and why they are a leading industry in today’s financial market. A financial institution that serves clients nationwide through: Commercial, Investment, and Mortgage Banking, NexBank serves clients throughout the state of Texas as well as nationwide. They also serve: small businesses, corporations, real estate investors, and banks throughout the country as well. NexBank prides itself on their industry leadership and devote commitment to each, individual client. The institution strives to create custom-tailored solutions to solve each individual, specific need, ensuring each client’s banking needs are well taken care of. It is such dedication that makes NexBank such an outstanding success. Source: http://finance.yahoo.com/news/nexbanks-mary-pirrello-appointed-president-144000396.html


Craft Beer Sales Are Up In The U.S. And Anheuser-Bush Wants More Market Share According To Brazilian Entrepreneur Ricardo Guimarães

Posted by in Banks, Business Leaders

Imported And Craft Beer sales have surged in the United States beer market. Old brands like Miller, Miller Lite, Bud and Bud Light are becoming dinosaurs in the foamy beverage market thanks to young beer drinkers that want flavor, great packaging and an independent brewery that is concerned about its customers. Anheuser-Bush, the Goliath of…


Banker Ricardo Guimarães Doesn’t Favor For One Soccer Team He Roots For All Of Them

Posted by in Awards, Banks, Business Leaders

A recent article posted by R7.com, explains how Ricardo Guimarães got involved in the sport of soccer. Today, BMG Bank is the largest sponsor of soccer in Brazil, and Guimarães is the mastermind behind the bank’s success. Like most Brazilian men, Guimarães grew up kicking a soccer ball. Ricardo was born in Belo Horizonte, so…


Ricardo Guimaraes, A Great Businessman and Supporter of Sports in Brazil

Posted by in Banks, Interesting people

Ricardo Guimaraes is a skilled businessman born in Belo Horizonte to Flavio Guimaraes. He is the grandson of Antonio Mourao Guimaraes, the founder of BMG Bank where Ricardo Guimaraes has served as the president. Ricardo Guimaraes received a Merit Honor diploma from the city council of Belo Horizonte on April 18th 2011. He started his…


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