Ricardo Guimaraes and the Banco BMG Blueprint.

Banco BMG is the leading payroll and personal loan provider in Brazil. The bank enjoys a rich heritage that dates back eight decades ago when Pentagna Guimaraes stated the Land Credit Bank.


The bank thrives under the skillful administration of Ricardo Guimaraes, who seem to have breathed a new lease of life into the firm since taking over in 1998. In fact, the bank assumes most of the traits associated with its CEO such as the love for sports and social development. BMG became the leading loan provider in Brazil after an overhaul of its administrative and service delivery structure.


Ricardo Guimaraes knew the growing demand for consigned credit in a growing Brazilian population needed to be met. He introduced low-interest rates to a good number of non-defaulters, and the bank grew its clientele. Also, Guimaraes reduced administration costs by contracting banking agents around the country to represent Banco BMG. Such moves earned him the respect of other professionals in the industry.


Today, BMG has reached the pinnacles but is aiming even higher. A few years ago, an agreement was signed with Itau Unibanco for the formation of a joint venture to increase the payroll loans. The move was lauded for its potential to bring in more clients while taking advantage of existing infrastructure. The move also comes at the right time judging by the volatility of markets and the resulting need for diversification.


The bank has also adjusted its administrative structure once more. This time, the system of administration through the controlling family has been opted out for professionals to come in. The representatives of the Guimaraes family take up positions on the board of directors’ panel with their posts given to industry experts. Ricardo Guimaraes, for instance, gives up his position to Antonio Hermann. The incoming CEO expressed his confidence that BMG can continue being a leader in consigned credit and push its trajectory even higher. This administrative shake-up sees a new era for Banco BMG that stakeholders and clients can look forward.


Elsewhere, Ricardo’s reputation remains intact. The sports marketing strategy adopted by the veteran manager continues to give the firm phenomenal success. It’s expected Guimaraes will have an enormous influence on the direction BMG takes as he sits on the board. The tag of being the largest sponsor of talent and events is likely to continue. Ricardo’s passion for sports goes way back. The same passion led him to the management of a club like Atletico Mineiro a decade ago. Before he took over, the football club had financial problems. Ricardo financed the club from his pocket and led it through a successful five-year period.

George Soros Warns of Crisis This Year in Global Markets Similar to 2008

At a recent forum in Sri Lanka, George Soros warned investors on Fool.com to be very careful in the coming year because global markets are in a crisis.

The stock, commodity and currency markets were shaky early in January due to China’s economic struggles and the devaluation of the yuan.

According to Soros, “China has a major adjustment problem. I would say that it amounts to a crisis. When I look at the financial markets there is a serious challenge which reminds me of the crisis we had in 2008.” Global markets are in a position to be volatile due also to oil prices continuing to sink, plus Europe, the United States and Japan have huge government debt.

Indices that measure volatility in markets in various countries are rising sharply. The Chicago Board Option Exchange is up 13%, the Nikkei Stock Average Index has jumped 43% and Merrill Lynch’s anticipated price swing index in treasury bonds is up 5.7%.

George Soros has a solid record of predicting the ups and downs of the market, second only to Warren Buffett’s. However, he says, “The financial markets are generally unpredictable. So that one has to have different scenarios … The idea that you can actually predict what’s going to happen contradicts my way of looking at the market.” He believes irrational behavior by investors governs the markets and that’s a poor indication of real value. The prices of securities and currencies are based on the people who buy and sell them, and these people often act on their emotions, not their reasoning.

Soros is one of the world’s most successful investors, having a net worth of $24.5 billion as of November 30, 2015. He is the founder of Soros Fund Management, LLC, which he will turn over to his son, Robert, this year.

The New Healthy Dog Food

The dog food industry is a growing industry that has a current net worth of 23.7 billion dollars that is exponentially growing at a fast rate. As the dog food industry is expanding, more and more local and small businesses are finding new niches to fit themselves in. One niche in particular that is growing in popularity is the niche of healthy and wholesome dog food. Dog food brands are now finding the importance in providing fresh ingredients to their loved dogs.

One company owner in particular named Richard Thompson has entered the healthy food business with the intent of giving both dogs and their owners a healthy diet that will keep improve any dog’s life. Richard Thompson is the owner of a small gourmet dog food manufacturer on beneful.com that has emphasized the importance of healthy ingredients. Mr. Thompson has even commented on the fact that his dog food has a short shelf life because of how fresh each ingredient is.

The new idea behind presenting dog food is to provide food to the dogs that does not have an odorous smell that most canned dog food has. Instead, the intent is to provided food for the dogs that follows the initiative that the dog should eat like their owner. 

One brand name in particular who has grown a healthy dog food brand is Beneful. This company, in the last decade, has created multiple products and campaigns that emphasize the importance of eating healthy. The products that Beneful even produces create healthy and wholesome opportunities for each and every dog.

The products that are produced by Beneful include the dry dog food, the wet dog food, and the dog treats. Of all the products that are produced by Beneful on beneful.com, the wet dog food is by far the most popular product. Each can of Beneful wet dog food contains a variety of proteins and fresh ingredients that are combined to create delicious varieties of wholesome meals. The proteins that Beneful uses is chosen from lamb, beef, pork, and chicken. These proteins are then combined with fresh ingredients such as barley, rice, carrots, and green beans to make the most delicious meal. 

Premium Dog Food Sales Are Soaring

Premium dog food sales are soaring around America with the advent of new technology that helps keep dogs healthy. New scientific studies show that dogs must eat more than meat to remain healthy, and the Purina Beneful brand has been creating healthy food for dogs for some time. This article explains how new premium dog foods are created, and the ingredients shown are becoming more popular by the day.
#1: Beneful Uses Unique Ingredients Beneful has become known for using unique ingredients in its food, and the brand creates entrees for dogs that have foods often interesting to humans. Items such as corn, wheat and peas are mixed with meat products that create a full meal for dogs. Beneful creates full courses for dogs that are even hidden inside small dog treats. Their commitment to quality is beyond any other company in the industry.
#2: Why Are Sales Soaring? Sales of premium dog food are soaring due to the intense for better nutrition for dogs. Americans are taking better care of their dogs than ever before, and Americans may research healthy meals for their dogs online. The consumer who chooses to purchase premium dog food is making a healthy choice for their pet, and each choice is made based on solid research.
#3: Beneful Is The Most Notable Purina store Brand Beneful has been the most notable premium brand of dog food for over a decade, and the Beneful brand continues to increase its offerings for pets. Dogs and their owners were recently featured in a commercial for the company, and pet owners have become accustomed to the Beneful name when shopping at the supermarket. There is no more trusted name today in dog food than Beneful.
The Beneful brand has produced a massive catalog of foods that dogs will love, and their commitment to excellence has inspired other companies to produce premium dog food. Premium dog food sales are rising an unprecedented rates, and the Beneful brand is reaping the rewards of its commitment to quality. Dogs are healthier than ever before when eating food created with science at its core.