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Richard Bialek

Richard Bialek, Chief Executive Officer , Bialek GroupChief Executive Officer
Bialek Group
Member of the Business Services Council

Rich Bialek is the Chief Executive Officer of BialekGroup, a corporate development boutique that serves as a trusted advisor to C-level executives and investors in financial services. He provides corporate development and strategy consulting services, partnership, market and product development, and assistance in raising expansion capital. He has over 25 years of experience working with leading financial institutions successfully launching and profitably growing new businesses. Mr. Bialek was CMO of Nekema, an online insurance venture of Kemper. As SVP of Emerging Markets and Technology for Visa International, he identified and invested in start-up and fast growth payment and technology companies. He served as GM of Credit Card Services for the Complete Card joint venture of Ameritech and Household International. Prior to Ameritech, he led a turnaround of GE Capital’s bankcard business. As Director of Credit Marketing for Neiman Marcus, he developed a series of innovative acquisitions. (This is me - Update Profile)


Employment History
2004 - 2006 Chief Executive Officer
Global Card Solutions, Inc.
2001 - present Chief Executive Officer
Bialek Group
1997 - 2001 Chief Marketing Officer
KEMPER INSURANCE COMPANIES
1994 - 1997 SVP - Emerging Markets and Technology
VISA INTERNATIONAL SERVICE ASSOCIATION
1991 - 1994 General Manager-Credit Card Services
Ameritech Xx, Inc.
1988 - 1991 Vice Chairman - Monogram Bank
GENERAL ELECTRIC CAPITAL SERVICES, INC
1982 - 1988 Director Credit
THE NEIMAN MARCUS GROUP INC

GLG NewsSM Analyses by Richard Bialek(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
MasterCard Clouds on the Horizon? | 06-04-2008
Analysis of: MasterCard "buy," target price raised | www.newratings.com
Author: Richard Bialek, Chief Executive Officer , Bialek Group

The near-term prospects for MasterCard are positive, despite a weak US economy. MasterCard is riding a trend of payment transactions moving from cash and check to card and electronic media. The challenge to MasterCard comes from potentially disruptive regulatory and technology forces that MasterCard...

Credit Card Deal on Target for JP Morgan and Target | 05-12-2008
Analysis of: Target in credit card deal with JPMorgan | www.ft.com
Author: Richard Bialek, Chief Executive Officer , Bialek Group

The credit card deal announced between Target and JP Morgan makes sense for both parties.  It allows Target to address shareholder concerns regarding its card business and mitigate potential growing credit losses. It enables JP Morgan to further develop its private label retail card strategy by...

Discover Goes Global With Diners Club Acquisition – A Positive Step | 04-14-2008
Analysis of: Diners Club assets sold to US card issuer | www.businesstravelworld.com
Author: Richard Bialek, Chief Executive Officer , Bialek Group

The Discover Card acquisition of Diners Club International is a positive step, addressing one of Discover's competitive weaknesses, the lack of a strong global merchant acceptance network. But it is only one component of the comprehensive solution needed to address Discover’s competitive weakness versus...

Litigation Issues Cloud Visa IPO | 09-17-2007
Analysis of: Visa, preparing for IPO, wins OK from SEC | www.reuters.com
Author: Richard Bialek, Chief Executive Officer , Bialek Group

The Visa IPO is a noteworthy transaction that has the potential to reshape the payments industry. It offers Visa and its members the opportunity to unlock billions of dollars in value from the business they have built.  But, the potential return could be materially reduced by pending litigation....

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Richard Bialek has not participated in any GLGi Seminars.
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