Nations need capital to pay their workers, buy equipment and purchase the land to increase productivity. For decades, the World Bank, which was formed in July 1944, has been “Working for a World Free of Poverty.” Does investment banker Martin Lustgarten believe the BRICS Bank and AII Bank will be competitors with the World Bank?
Developing countries have turned to the World Bank to fund the building of their roads, airports and hospitals. There are 189 countries, who are members of the World Bank. While the Marshall Plan was used to rebuild Europe, the World Bank’s International Development Association (IDA) was used to fund other nations, around the world.Gradually, the loan amounts were increased and shifted from primarily infrastructure to social services in the 1980s. The goal of poverty alleviation did lead to higher levels of Third World Debt, which became a problem when nations couldn’t repay their loans. In the 1990s, environmental groups also received loans.
Over the years, some nations have criticized the World Bank for increasing the debt of developing nations. How can a nation escape poverty, if it has high debt? The BRICS Bank was formed by Brazil, Russia, India, China and South Africa to offer a funding alternative.By pooling their funds, these nations have been working to create a mechanism for other developing nations to rise, without following the Anglo-Saxon model. The diversity of the regions, represented by the BRICS, is a strong feature of this organization. Some deem the World Bank to be too focused on achieving European-American agendas.
The Asian Investment Infrastructure Bank (AIIB) has also arisen as a capital source for important infrastructure improvements. The AIIB began official operations in 16 January 2016. There are 57 AIIB members with China being the primary shareholder; there are Vice Presidents from England, France, Germany, India and Indonesia.It is wonderful that developing nations have more options for loans. This might help them improve their infrastructure, without forcing them to incur overwhelming debt. Investment banker Martin Lustgarten sees this “perfect competition” as healthy for the capital markets.
Charles Botchway has taken his long history of financial success and put his focus behind building one of best companies that serves the corporate finance needs of successful middle market clients. Botchway was in charge of direction and operations at Houlihan Smith & Company, Inc., until he started to create his own vision. The company was focusing on the derivatives and larger corporate needs. That was not the direction that Botchway wanted to go and that led him to become the Chief Executive Officer and founder of Madison Street Capital.
It was a desire to serve the middle market companies and really make an impact that motivated Charles Botchway to create the dream that Madison Street Capital became. This is an international investment banking firm that delivers financial advisory services to corporations. They pride themselves of letting excellence, leadership, service and integrity be their guiding principle. Madison Street Capital invites new clients to join them and bring their goals to the company and then they adopt these goals as their own. They deal with all aspects of the global marketplace. Madison Street Capital handles Mergers and Acquisitions, successful capital raises and all other types of financial guidance that one can imagine. They can even handle transfers of ownership. Through all of this, the leadership of Charles Botchway has been evident. It is through this leadership that the interests of their clients and their goals and accomplishments come first. They have built a first rate reputation across the globe and continue to grow each year.
The process that Botchway encourages at Madison Street Capital is one of constant collaboration and brainstorming. It is an exchange of ideas about the best way to do things and get the most tangible results. It doesn’t matter if it has been done that way before. They put ideas on the table and analyze the validity of these quickly. That allows them to be able to move their investors in positive new directions rather than be stuck in the old ways. When they see an idea that excites the team they take action, avoiding the lack of action that often comes from over thinking things. Botchway has gone on record stating that the growing globalization of the international financial transactions that previously were reserved for the largest global companies are now available to smaller boutique banks just like Madison Street Capital. The playing field is being leveled each and every day.
The leadership of Madison Street Capital is in very capable hands. When you look at the philosophy and leadership of Charles Botchway it is clear that he is a strong guide into the future for the company. He believes in surrounding himself with people who are successful and intelligent and believes that good things are going to result. He finds these successful and driven people a motivation to become a better leader and to provide more to the clients of Madison Street Capital.