Diversifiedfinancials
We use an article out today on the retail banking sector’s use of socialmedia to highlight a previous, more relevant article by the same source (Booz & Co.’s Strategy+Business). The second article is called “The Rise of Generation C” and is well worth the time.
Nice note yesterday on Dealbook.com regarding some differences between Brazilian and US buyout firms/ practices. The most relevant, of course, is leverage (the lack of it in Brazil). The optimism surrounding Brazil has made some of these firms’ jobs more difficult, and as they highlight, there’s bound to be more competition – from local and foreign firms – as the cost of leverage decreases… The really difficult part is remaining in the sidelines when prices are not attractive, and when there’s a mandate to invest it can be hard to be truly disciplined about it.
Looking at the world’s largest remittance players, it’s perhaps useful to use Moneygram – smaller, under-covered and nearly-bankrupt – to better understand Western Union.
