The BMG Bank in Brazil is one of the few privately owned financial systems that is currently directed by Marcio Alaor, the bank’s Vice President, and BMG being a privately owned bank in today’s global economic system is considered unique. Banks are usually owned by corporations, or they are part of larger franchises, but this is not the case with BMG Bank. The bank is run by a family known as the Pentagna Guimaraes family, which has been involved in the structure of finance in Brazil since the early 1930s. The family founded the commercial bank in the 1930s named the Bank of Credit Building S.A., and they went on to rename the bank to Banco de Minas Gerias S.A. After it was renamed, the Pentagna Guimareas family made it into an even more commercialized bank.
It is important to know what a commercial bank is in order to understand the amount of work the Pentagna Guimaraes family had put into BMG. BMG as a commercial bank, is traditionally defined as a banking institution that provides several products, such as business loans, housing loans and vehicle financing. BMG also offered personal services such as CDs, savings accounts and checking accounts. Commercial banks have a traditional physical location for customers and bank employees to interact with one another. There are customer associates and vaults for safety deposit boxes. There are some commercial banks that are not considered brick and mortar banks though. Those types of commercial banks are exclusively electronic, and they do business online or by phone, but many commercial banks are combining physical and electronic banking. BMG uses this style today, and that is because of the advancement of technology and the demand of convenience. This also lowers the overhead that BMG and other banks have to spend. It is a sound business decision that Marco Alaor has helped implement to save money and satisfy customers.
Over the years, BMG has evolved since the 1930s. BMG switched to wholesale banking, and it did away with checkbooks, checking accounts and the ability of customers to make deposits. Marcio Alaor and other BMG executives have steered the bank into more of a specialization in payroll loans. This change was implemented in 1998, and in 2012 BMG was becoming famous for its work in the payroll loan arena in Brazil.
Marcio Aloar was at the forefront of a major merger with BMG and Itau Unibanco S.A. in 2012. The two financial institutions signed a cooperative contract that year, and it had a major impact on banking in Brazil. The merger resulted in the two banks collectively controlling nearly all of the major payroll loans for Brazilian businesses, and the two entities nearly split controlling stock in the permanent merger signed in 2014.
When most people think about lawyers, they tend to think about individuals that can show up in court and just magically navigate the law. They don’t take into consideration the time, experience, specialty, or expertise of lawyers. They also probably don’t take into consideration the pricing of what a professionally trained lawyer can cost either. The fact of the matter is choosing a lawyer to defend you in a legal battle is one of the most important things that you can do to protect your freedom, your assets, your family or even more. The funny thing is that most people just go to a phonebook or perform an online search to find a lawyer right when they need one rather than developing a relationship ahead of time.
When you work with other social service professionals you have to find out what the individual is like. You need to be sure that they are on the same page as you and that you can work well with them. There has to be mutual understanding and some common ties or values can’t hurt either. Basically, when you are looking for a lawyer to represent you, you are actually looking for someone who can act on your behalf as much as possible! You are looking for a version of yourself that just happens to be more skilled in the law than you can possibly imagine.
When it comes to finding a caring, understanding, and experienced lawyer who is willing to go to bat for you, you have to find someone who not only knows everything there is to know about the legal system, but also who knows how to provide you with great customer service as well. One of the best examples of a well rounded person with excellent legal skills is Attorney Ricardo Tosto de Oliveira Carvalho, one of the most experienced and sought after lawyers in Brazil.
Mr Tosto is not just one of the best lawyers in the field because of what he currently does and who he currently represents, he is one of the best and most sought after because of his roots. He understands what the everyday working men and women go through and knows how important certain legal protections and events can be. Mr. Tosto worked his way up and made a name for himself not by being lucky, but by constantly working hard and never resting until justice and the truth was delivered. His case history and track record is filled with evidence of doing the right thing and helping people to be protected against injustice. Not only that, but his firm was founded on the same principles as the ones he was raised with; the importance of helping people is the number one priority.
At the end of the day, if you find yourself in a jam and you need legal help, you can call anyone and settle on the first person who happens to pick up the phone for you. However, if you are looking for a champion of the common people who will go toe to toe with anyone for justice, you need to find a lawyer like Attorney Ricardo Tosto.