A few weeks ago, scientists discovered close-by a planet the size of Earth that possibly could sustain life. In fact, according to reports, the newly-found world, known as Ross 128 b, is 11 light-years away – a small road trip in the cosmic universe – and is set to become a familiar neighbor in the future.
Positive market conditions and investor appetite have helped BBVA to get an excellent reception for its sixth issue of CoCos. The Group has issued a $1 billion bond, with the lowest coupon in dollars for an issuer from southern Europe (6.125%), and the longest maturity (perpetual, with a ‘call’ option starting in the tenth year). Registration of a prospectus with the U.S. Securities and Exchange Commission (SEC) has prompted a bigger participation from American, European and Asian investors.
The finance industry will survive the disruption in the sector, but only a few banks will be able to offer the best customer experience, adapt to the new ecosystem and successfully achieve their digital transformation. “Competition with the fintech companies makes us better and stronger,” said José Manuel González-Páramo, BBVA’s Executive Member of the Board, Head of Global Economics, Regulation and Public Affairs, during the European Central Bank´s Forum on Banking Supervision.
According to BBVA Research’s latest Spain Outlook report, 2017 will cap off Spain’s three-year run of GDP growth at rates above three percent. Recovery will continue in 2018, but at a slower pace, in an environment marked by rising uncertainties. The report was presented today by Jorge Sicilia, Chief Economist of BBVA Group and Head of BBVA Research, Rafael Doménech, Head of Macroeconomic Analysis of BBVA Research and Miguel Cardoso, Chief Economist Spain and Portugal. Considering this scenario, BBVA Research has downgraded its GDP growth forecasts for 2017 and 2018 to 3.1 and 2.5%, from 3.3% and 2.8% in July.
BBVA Compass National Mortgage Sales Manager Eduardo Castaneda has been in the mortgage business for over three decades, and can pour a vast amount of information on the subject at a moment’s notice.
The tenth month of the year is the most 'summertumn’ of all. Check iWeather on a smartphone to see if it’s too cold to wakeboard. Use a laptop to find the best less-mainstream brunch spot in the Malasaña neighborhood. Having a hard time understanding? Maybe some millennial tips are needed to learn the slang.
BBVA is the Spanish bank with the greatest capacity to attract and retain talent, according to the results of the 12th edition of the Merco Talento study. The 2017 ranking, which is led by clothing retailer Inditex, lists the 100 best companies to work for in Spain.
BBVA Research has upgraded its Latin America 2017 growth forecast by 30 basic points, citing improvement in domestic demand in Mexico and Peru. The BBVA Group study service expects the region to grow 1.1% in 2017 and 1.6% in 2018.
Airbus continues its firm commitment to completely revolutionizing means of transportation. Like Spacex and Musk with their Hyperloop, Airbus reported that they’ve just successfully completed the first propulsion tests with their City Airbus demonstrator – a multi-passenger, self-piloted electric vertical take-off and landing (VTOL) vehicle designed for urban air mobility. The first flight test of the demonstrator is scheduled for end of 2018.