Lori Moore

BBVA USA Executive Director of Syndicated Finance Origination Cara Younger was named to American Banker’s Most Powerful Women in Banking: Next. Now in its third year, the list recognizes the accomplishments of women age 40 and under in the banking industry.

The BBVA Research team has published its Economic Outlook for second quarter 2021, noting that a successful vaccination campaign, combined with low interest rates and massive fiscal stimulus, is expected to drive a strong recovery.

According to the latest economic analysis published by the BBVA Research team, March’s unemployment figures remain stubbornly high despite strong increases in employment, dropping to 6 percent for the month.

As Central Alabama deals with the aftermath of 11 confirmed tornados on March 25, BBVA USA has announced it will donate $25,000 toward community relief efforts through the BBVA Foundation. The tornado recovery grant will support the United Way of Central Alabama.

According to the latest economic analysis from the BBVA Research team, February’s unemployment figures confirm that labor market conditions continue to improve as COVID-19 cases slow down, vaccination rates rise and restrictions are lifted in some parts of the U.S.

As Texas deals with Winter Storm Uri and its ripple effects, BBVA USA has announced it will donate a total of $250,000 toward community relief efforts through the BBVA Foundation, and has begun offering customer assistance in the form of payment deferrals and fee waivers, among other items.

BBVA Research published its January auto sales chartbook, noting vehicle sales went up 5 percent in the fourth quarter of 2020. Sales for the year declined 14.7 percent to 14.5 million units, the lowest since 2012.

In an economic analysis published by the BBVA Research, the team’s lead economists report that the economy continued to expand in the fourth quarter of 2020, though at a much slower pace. According to the analysis, this pace reflected both solid ongoing momentum and the negative consequences of lower fiscal support and rising COVID-19 cases.

Aurora Garza-Hagan, CEO of BBVA Transfer Services, has been elected Chairperson of the Money Services Business Association (MSBA), a trade association focusing on the non-bank money services industry.

BBVA USA received a perfect score of 100 on the 2021 Corporate Equality Index (CEI), the nation’s premier benchmarking survey and report on corporate policies and practices related to lesbian, gay, bisexual, transgender and queer (LGBTQ) workplace equality, administered by the Human Rights Campaign (HRC) Foundation.  The bank joins the ranks of over 767 major U.S. businesses that also earned top marks this year.

The BBVA Research team has published its Economic Outlook for first quarter 2021, noting that a post-holiday surge in COVID-19 cases and a vaccine rollout that is falling short of expectations have confirmed the need for further stimulus.

After nearly a decade of bringing holiday joy to families across the country, the BBVA Foundation’s Project Blue Elf campaign continues its focus on financial education in a uniquely 2020 way.

According to the latest economic analysis from the BBVA Research team, November’s unemployment figures suggest that the labor market is losing momentum as the pandemic worsens and fiscal support wanes. Additionally, the ongoing increase in permanent unemployment reveals the damaging long-term effects of the pandemic. Both situations highlight the need for Congress to take action and adds pressure on the Fed to take more decisive action.

After showing signs of slowing in September, the unemployment rate plunged to 6.9 percent in October, down from 7.9 percent, driven by disproportionately higher job gains in the household employment survey, according to the latest economic analysis from the BBVA Research team.

BBVA USA has been honored by Global Finance for Outstanding Crisis Leadership, a program by the magazine that recognizes banks and companies that went above and beyond in responding to the global pandemic crisis.

BBVA Research published its October auto sales chartbook, noting vehicle sales have experienced a v-shaped recovery, increasing 36 percent in the third quarter of 2020 from the previous quarter.  However, sales are still 10 percent below levels observed in 3Q2019.

The BBVA Research team has published its Economic Outlook for fourth quarter 2020, anticipating that the pandemic and upcoming election could add noise to the short-term outlook even as medium-term prospects improve.

BBVA USA has been honored by Global Finance as one of the World’s Best Corporate/Institutional Digital Banks in North America for 2020.

The U.S. labor market continued to improve in August, according to the latest economic analysis from the BBVA Research team.

BBVA USA today announced the formation of its second Business Resource Group (BRG), this one in support of employees who identify as part of the lesbian, gay, bisexual, transgender, queer (LGBTQ) and supporting community. The announcement was made during the bank’s first LGBTQ Perspectives internal panel discussion, held virtually and including more than 300 bank employees.

The BBVA Research team has published its Economic Outlook for third quarter 2020, as the U.S. faces one of its most challenging environments in modern history.

BBVA Research published its July auto sales chartbook, noting vehicle sales exceeded expectations for the quarter, resulting in an upward revision to the economists’ annual forecast.  However, sales were still 33.7 percent below levels observed in 2Q2019, the worst decline since 2Q09.

The BBVA Research team published its economic analysis of the drop in gross domestic product for second quarter 2020, noting it is the steepest decline in over-the-quarter growth since 1937, in the aftermath of the Great Depression.

As companies across the globe struggle to find a balance between protecting the health and safety of employees and maintaining an efficient and effective workforce, BBVA is using its highly visible leadership team to meet that challenge with frequent transparent updates.

BBVA USA Indirect Auto Executive Melissa Sacher was named to American Banker’s Most Powerful Women in Banking: Next. Now in its second year, the list recognizes the accomplishments of women age 40 and under in the banking industry.

April 2020 marked a high point in U.S. investments in environmental, social and governance (ESG)-themed exchange-traded funds in April 2020, according to analysts with BBVA Global Market Research. Nearly $2.8 billion flowed into equity and fixed income ETFs during the month, compared to the previous record of $2.4 billion in January 2020.

The BBVA Research team published its insights into the economic impact of possible presidential election outcomes in 2020, noting that a divided government is unlikely to make significant policy changes, resulting in a continuation of the status quo in terms of growth.

Simple, a subsidiary of BBVA USA, today announced the addition of Carrie Roso to the company’s corporate leadership team. Roso will serve as Director of Marketing for the fintech.

The BBVA Research team has published two reports: its U.S. Regional Outlook for July, highlighting key factors impacting regional economies, along with its economic analysis of the U.S. employment report. The COVID-19 pandemic continues to impact job growth and other economic indicators.

BBVA USA continues its strong push to provide financial education opportunities in the communities it serves, despite the continuing challenge of pandemic related stay-at-home orders in many areas.

BBVA USA announced earlier this week that it would close offices across its footprint in commemoration of Juneteenth, creating an opportunity to cultivate a deeper understanding of our individual and collective roles in standing against systemic racism and social injustice.

BBVA USA will close all offices across its footprint at 1pm Friday, June 19 in observance of Juneteenth, the commemoration of the end of slavery in the United States.

It’s a constant refrain among leaders at BBVA USA that theirs is an organization of people helping people, and that means addressing both sides of the people equation - customers and employees. Not surprising, then, that the bank’s five-year strategic plan contains pillars that focus on both.

The BBVA Research team has published its unemployment insights for May 2020, noting that the economy appears to have reached bottom and that the recovery is underway.

Operational excellence provides the foundation upon which the hallmarks of superior performance are built. This is true for companies of all sizes in all industries, and BBVA USA is no exception.

The BBVA Research team has published its Economic Outlook for second quarter 2020, offering a look at how the U.S. economy might recover in a post-COVID world.

BBVA USA announced today it awarded $600,000 to Feeding America®, a nationwide network of food banks. The organization will distribute funds to food banks across the bank’s geographic footprint.

While banks across the country struggle to keep up with the onslaught of loan applications from small businesses racing to access Paycheck Protection Program funds, employees at BBVA USA found a unique solution: volunteers.

The BBVA Research team has published its U.S. Macroeconomic Pulse for April 2020, offering insight into the economic outlook as well as macro fundamentals.

When the pandemic relief legislation known as the CARES Act passed in late March, BBVA USA recognized that an online application for the Act’s Payroll Protection Program (PPP) would be the best way to expedite funding and ensure the safety and health of its customers and employees.

As small businesses across the country struggle with challenges from decreased sales to mandatory shut-downs tied to the COVID-19 pandemic, BBVA USA employees worked fervently to ensure the bank was one of the first in the U.S. to accept applications for the Small Business Administration's (SBA) Paycheck Protection Program.

Simple,a subsidiary of BBVA USA, today announced another addition to its rapidly growing list of products and features for its online customers with the launch of its No-Penalty CD.

BBVA USA today announced it will be one of the first banks in the U.S. to begin processing customer applications for the Paycheck Protection Program, a key small business relief component of the recently passed CARES Act and administered through the Small Business Administration (SBA).

According to the publication released from BBVA Research, When will the U.S. economy recover from the infection?, the experience of countries that have transitioned beyond the worst phase of the pandemic suggest that the number of coronavirus cases in the U.S. could peak in the spring or early summer.

As millions of Americans face the prospect of being quarantined -- either self-imposed or medically necessary -- all of us are looking for creative ways to accomplish our daily chores and activities.

Simple, a subsidiary of BBVA USA, today announced the addition of Moin Moinuddin to the company’s corporate leadership. Moinuddin will serve as Vice President of Engineering for the neobank.

BBVA often is quoted as saying that the future of finance is financing the future - in part, this means that the bank believes that financial institutions play a key role in the transition to a more sustainable economy.

The BBVA Research team has published its Economic Outlook for first quarter 2020, offering a look at a number of timely events and their anticipated economic impact.

Simple, a subsidiary of BBVA USA, today announced its automatic savings program, Round-up Rules, reached a benchmark of more than $1.2 million in customer savings accounts.

Nonfinancial debt, specifically the relatively high ratio of business leverage, is drawing attention from economists working in policy and finance spheres, according to a recent publication by BBVA Senior Economist Filip Blazheski.