BBVA has agreed to acquire an additional 14.89% of Turkiye Garanti Bankasi from its partner Dogus Group for a maximum of 5.57 billion Turkish lira (€1.99 billion1). It thus becomes the leading shareholder in Turkey’s biggest bank by market capitalization. After the transaction BBVA’s holding in Garanti will be 39.9% and Dogus will remain as a key shareholder with 10%. The acquisition strengthens BBVA’s commitment to Turkey, which is an emerging market with huge potential, and it will boost BBVA Group profit by more than €250 million in 2016.

Spain had a lot to do with the birth of the modern game of tennis. Although its origins date back to the Greek, Roman and Egyptian cultures, it was a Spaniard who, with help from his English friend, invented tennis in the late 19th century in England.

The Board of Directors of BBVA named Carlos Torres Vila president & COO at a meeting held today in Madrid, replacing Ángel Cano. The Board also approved a new organizational structure that puts digital transformation at the center of the strategy to accelerate its execution, while creating a function with the sole mission of managing the countries’ networks and operations to enhance results.

Today, BBVA held its Annual Shareholders’ Meeting in Bilbao. In their speeches, the Chairman and CEO, Francisco González, and the President and COO, Ángel Cano, recapped the milestones of 2014 and outlined BBVA’s strategy going forward. “No one stands where we do, and we are doing what no one else is. We are building the best digital bank of the 21st century.” With these remarks on BBVA’s digital transformation, Francisco González opened his annual speech to the bank’s shareholders.

BBVA Compass’ efforts to give customers clear and transparent banking is getting some well-earned recognition, with comparison site WalletHub giving it the second-highest score in its 2014 Checking Account Fee Transparency Report. The news comes on the heels of the bank’s improved scores in a Pew Charitable Trusts study that evaluated leading U.S. banks’ checking account practices.

The goal of the campaign was to engage and include the employees in the transformation process as a way of making the company both the “best place to work” and “the best bank for customers”. This new approach encourages them to feel they are active participants who are entitled to take decisions and make choices. In order for them to “choose” the brand, the campaign was designed to highlight all the strengths “we can be proud of and which set us apart”.