Word: arboleya
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...immigrants. In Miami, Cubans play an important role in the local financial community. More than 400 Cuban-born executives hold the rank of vice president or higher in Miami's banks. "I'd say we control between 15% and 20% of the Miami banking industry," says Carlos Arboleya, 56, a former Havana banker now vice chairman of the Barnett Bank of South Florida (assets: $3.5 billion...
...economy's in good shape, but if the economy turns sour, as it did in 1981-82, your mistakes are magnified." This does not mean that all bankers have turned into casino gamblers. "I don't think that bankers as a whole have become reckless," says Carlos Arboleya, vice chairman of Barnett Bank of South Florida. "But there will always be a certain percentage of wildcats...
...Miami, Carlos Arboleya, president of the area's Barnett Banks (assets: $315 million), surveys the local Cuban-American community and confidently declares: "History will write Miami's future in Spanish and English...
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