MÁRCIO A. CYPRIANO
Former Chief Executive Officer of Banco Bradesco, one of the largest private banks in Brazil. His banking career started in 1967 as a clerk in Banco da Bahia. The financial institution merged with Bradesco in 1973. After the merge, he became the branch manager the same year. In the same institution, he was appointed as a Departmental Officer in 1984; Deputy Managing Officer in 1986; Managing Officer, 1988; Vice President, 1995 until he became the CEO from 2002 until 2009. After vacating the CEO post, he remains a board member, which he held since 2002. During his tenure, he made Bradesco the first bank in Latin America to offer online banking services, acquired Banco Mercantil de Sao Paolo, and made it more remunerative.
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Target Return
Pricing model used in valuing a business based on what an investor expects from any capital invested in the firm. It is computed by adding the amou ...
Remainder Man
An individual who receives the remaining principal in a trust account after all required payments have been made, such as those to the beneficiary ...
Average Collected Balance
The total average of the collected funds in a bank account in a month. The balance is calculated by adding the collected balance and dividing it by ...
Bankable Funds
Forms of payment that are accepted at financial institutions. Retailers and other organizations that directly accept payments from customers typica ...
Prudent-Person Rule
A legal maxim that restricts the discretion in a client's account to investments that a prudent person seeking reasonable income and preservati ...
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