BBVA Compass Chief Risk Officer Javier Hernández has a long history with BBVA, the parent of BBVA Compass, having joined the bank in 1998. Since that time, he’s been through financial up and down swings, as well as watched the dawn of the tech revolution in finance – all of which has given him an unbeatable perspective on the function of risk in such times. He sat down with External Communications to tell us more about his role, the evolution of Risk Management and the impact of digital.
Analysis and Opinion
Analysis and Opinion
Customer journeys in banking are a bit like a romance, from the initial meeting when you’re trying to figure out if the bank and its products and channels are right for you, to the building of the relationship where of you learn more about each other, and finally to the engagement and marriage of what will hopefully be a happy, productive and successful long-term relationship.
Anne-Joëlle Viguier-Galley is BBVA Compass’ Chief of Equity and Alternative Investments for the bank’s Global Wealth team. She also doubles as the Chief Investment Strategist for BBVA Wealth Solutions, Inc., the bank’s investment adviser affiliate.
Around the 1960s the U.S. Army coined the name soft skills to refer to abilities other than those involved in working with machines. Military instructors realized the need for other abilities in the profesional development of its technicians and engineers.
The latest issue of the magazine La revista de Occidente includes the translation of an article by Peter Galison entitled “The journalist, the scientist and objectivity.” It describes the ease with which images are manipulated in today´s world. This has caused publications such as Science magazine to create protocols to prevent the presentation of manipulated illustrations. The perversion of information also reaches the world of journalism, where false rumors are propagated with a singular force.
The tale of the U.S. economy since the election of Donald Trump is one of great expectations but little growth.
In a report entitled The Future of Football, Futurizon predicts that in the future, sports events will be broadcast using tiny drones capable of hovering a few inches above the playing field, swirling around spectators or chasing the ball in the air. Except for referees, players and coaches, ordinary spectators have always enjoyed these events from architectural points of view: the stands or the sides of the pitch. And, even if we don’t realize it yet, narratives have also depended on these points of view. What would happen if the perspective changed? Would it be possible to televise a match exactly as the referee sees it? Would that be of any interest at all? Or telling what an embedded drone observes?
We tend to configure our computers, our Smartphones, our social media and even our television. Digital adjustment allows us to adapt our devices and programs to our needs. But can we also configure ourselves?
The last global financial crisis demonstrated that the resolution of failing banks is a key component of financial regulation. With the goal of lowering the cost of banking crises and avoiding publicly funded bailouts, the Financial Stability Board (FSB) established a new framework for the resolution of financial institutions involving two types of strategies: Single Point of Entry (SPE) (applicable to groups with a centralized model) and Multiple Point of Entry (MPE) (applicable to groups with a decentralized model). Given its management model, MPE would be the most appropriate strategy for the BBVA Group.
Mexico is celebrating its national holiday this Thursday. An important day, and we want to humbly join in the celebrations by offering a special selection of content focusing on Mexico and BBVA Bancomer on our website, bbva.com.