16 Aug 2018
EBITDA, or Earnings Before Interests, Tax, Depreciation and Amortization, is an accounting measure that shows the gross income before financial expenses are deducted, and which allows financial analysts to assess the behavior and financial standing of companies.
27 Jul 2018
The latest developments in the world of fintech show promise in certain areas, and concerns in others, according to reports coming out of top credible outlets.
18 May 2018
Mª Ángeles Peláez, Head of Group Financial Accounting at BBVA, underscored the importance of the role of the expert accountant in correctly interpreting the wording of regulations in an environment of constant regulatory change. This was one of the subjects debated at the workshop on Standardization and Accounting Law organized by the Spanish Association of Accounting and Business Administration (AECA) at BBVA’s headquarters in Madrid.
31 Jan 2018
BBVA Compass assembled a worldly-wise panel in Houston last week to help its Global Markets clients, all of whom maintain assets outside the U.S., sort through the barrage of global economic news to better understand the risks.
04 Jan 2018
Exercising more and eating healthy foods top the list of New Year’s resolutions seemingly every year. While those are great and common goals across the U.S., some of those fall by the wayside as the calendar months turn.
24 Nov 2017
Traditionally, it has been held that the value of a company equaled its net worth, that is, those elements that constitute the company’s own funds. However, this item (which is defined as the difference between assets and liabilities) doesn’t take into account an intangible asset that is inherent to a company and which can generate future profits: goodwill.
16 Nov 2017
Dr. David Ferguson moved to San Antonio, Texas a little less than a decade ago to find a warm place to plant his roots with his family. Little did he know that his business would heat up shortly thereafter.
23 Oct 2017
Big data is much more than a trend that´s being studied in the innovation departments of cutting-edge companies. Some multinationals have already changed forever, thanks to the strategic use of data.
18 Oct 2017
Consumers might see their products at grocery stores across Texas, on airplanes, or at their factory nestled in Houston’s historic East End, an up-and-coming community undergoing a rebirth. Pita Pal Foods, LP is much more than a company producing a suite of Mediterranean products and gourmet foods: it’s a symbol of how far East End has come.
11 Oct 2017
BBVA Compass has closed a $5 million equity investment in Pathway Lending, becoming the largest investor in Alabama’s effort to build up small businesses in the state’s Appalachian region. Pathway Lending, a Community Development Financial Institution certified by the U.S. Department of Treasury, will operate the state’s new loan fund for small businesses in the 37 counties of Appalachian Alabama.
09 Oct 2017
The best way to specialize in the broad world of finance is by earning one of the degrees that we discuss below. Each one focuses on a specific field of finance and adds the kind of gloss that can make a job candidate’s resumé stand out from the crowd.
18 Sep 2017
The EBA recently completed its latest monitoring exercise to assess EU Banks’ capital, leverage, and liquidity ratios assuming full implementation of the CRD IV-CRR/Basel III framework. Overall, the results show that, between June and December of 2016, there was an improvement in both CET1 capital and liquidity ratios.
01 Sep 2017
As Houston, surrounding areas and the state of Texas turn their efforts to the rebuilding phase in the aftermath of Hurricane Harvey, so do small businesses to ensure their operations continue to serve clients and communities.
31 Jul 2017
Entrepreneurs seeking to launch or expand their enterprise may experience big success for their small business when it’s built with a set of prime financial tools. According to BBVA Compass Director of Small Business Product Solutions Lance Gibson, while needs differ from business to business, there are some financial tools that are essential when it comes to starting or growing a small business.
20 Jul 2017
“You can’t choose something if you are not aware that it exists.” With this simple and resounding phrase, Angela Paloma Martín, a political advisor and expert on women’s leadership and gender communication, referred to the lack of women in STEM (Science, Technology, Engineering, Mathematics) jobs during the presentation of the study Wanted: Female engineers, physicists and technologists. Why are not there more STEM women?
30 Jun 2017
Small Places LLC was announced as the winner of the second installment of “The Pitch” from BBVA Compass and the Houston Dynamo on June 13, awarding the organization the grand prize of $10,000, and business consulting from BBVA Compass and Dynamo executives.
The Phoenix Mercury and BBVA Compass have officially announced Backpacks 4 Kids AZ, Inc. as the winner of the second annual “Bright Futures Women in Business” promotion, an initiative designed to support women-owned businesses and create opportunity for a brighter future throughout the Valley.
20 Jun 2017
A bevy of recent awards and recognitions for BBVA Compass has shined the spotlight on the bank’s Corporate, Commercial and Small Business operations, highlighting the bank’s elite solutions for its wide range of clients.
14 Jun 2017
Small Places LLC has won the second installment of “The Pitch” from BBVA Compass and the Houston Dynamo, the club and the bank announced today.
01 Jun 2017
On May 1, BBVA Compass, through its Bright Futures initiative, and the Houston Dynamo kicked off Small Business Month by launching the second installment of “The Pitch.” Small businesses and start-ups were encouraged to submit a business plan describing why they have a bright future in their industry.
31 May 2017
BBVA Compass Fort Worth CEO Brian Happel was once quoted in the New York Times discussing his hope to earn an early roster spot on a professional football team in 1982.
16 May 2017
The Phoenix Mercury and BBVA Compass have teamed up for the second annual “Bright Futures Women in Business” promotion, an initiative designed to support women-owned businesses and create opportunity for a brighter future throughout the Valley.
01 May 2017
BBVA Compass has once again partnered with the Houston Dynamo to host the second-annual “The Pitch” small business competition, as part of National Small Business Month.
24 Apr 2017
BBVA Compass was recognized by the Small Business Administration with two awards recently, highlighting more achievements for the bank in its commitment to entrepreneurship.
05 Apr 2017
The European Commission’s Fintech Task Force held its first conference in Brussels. BBVA was the only incumbent bank invited to the meeting where the Group’s contribution to promoting digital financial services was recognized.
30 Mar 2017
On Wednesday, former black hat hacker turned security consultant Kevin Mitnick headlined BBVA Compass’ Bright Perspectives event held in Jacksonville, leading the minds of Northeast Florida clients on dynamic business technology topics such as cybersecurity.
24 Mar 2017
BBVA Momentum is not your typical business funding program, because it places a special emphasis on strategic mentoring, training and support. However, businesses enroll in the program for a number of reasons, including the possibility of being awarded a cash prize that will allow them increase their impact. For this reason, the new edition will continue providing access to investment, but with a different approach.
15 Mar 2017
BBVA Compass, through its Bright Futures platform, and the Houston Rockets have partnered to launch the Bright Advantage contest for local small businesses.
15 Feb 2017
17 Jan 2017
46 years ago, in 1971, a group of business leaders reunited under the patronage of the European Comission and some industrial associations. The economist Klaus Schwab chaired the first meeting, with 440 attendants from more than 30 countries in Davos, Switzerland. In this reunion, the European Economic Forum was founded as a non-profit organization with its headquarters in Geneva.
Ever since then, thousands of political and business leaders, artists and enterpreneurs have met in the anual Davos-Kloster meeting. The following 15 milestones are only some of the main events that have marked the history of the World Economic Forum.
16 Jan 2017
When the U.K. voted to leave the EU vote on June 24th, a series of unknowns started to emerge that have Europe in suspense to this day. Among the many questions to be resolved, the referendum has called into question London’s status as the financial center of Europe.
15 Dec 2016
After a yearlong pause, the Federal Open Market Committee voted unanimously to raise interest rates 25bp to 0.5-0.75%. Based on the Summary of Economic Projections (SEP) and Federal Reserve Chairwoman Janet Yellen’s press conference, it seems the recent market exuberance has not diverted the Fed from its current strategy for a gradual increases. The press conference reinforced the idea that the committee may be somewhat tolerant in the short-run, but that it would like to see fiscal policy directed at boosting productivity rather than stimulating the economy.
21 Oct 2016
Banks play a critical role as providers of funds to the real economy. In this regard, the active management of the balance sheet has become more and more important, and is now a strategic area for financial institutions. Some of its key goals are guaranteeing liquidity, strengthening solvency and reducing exposure to credit risk.
02 Aug 2016
The recent report, The Business of Financial Inclusion: Insights from Banks in Emerging Markets represents a new endeavor for the Institute of International Finance (IIF). It is based on the insights of 24 executives in charge of financial inclusion, a topic of growing interest.
01 Jun 2016
Peer-to-peer (P2P) lending platforms, also referred to as alternative lending, came into being a decade ago in order to make traditional financial industry services more available to the ordinary citizen.
Since then, the sector has entered a phase of permanent transformation, and the initial idea to “steal” lending business from banks has given way to another concept: partnerships. The sector has now partnered with banks to reach persons with few possibilities to obtain loans due to lack of a credit history or other limitations.
27 Apr 2016
The creation of a digital single market across Europe is an exciting prospect for both consumers and businesses. According to the European Commission, it could add €415 billion annually to our economy and bring jobs and better services to the EU. In my role as BBVA’s Chief Development Officer and Head of New Digital Businesses, I passionately believe that the financial services element is fundamental to this vision – and that regulation has an essential role in making it happen.
19 Apr 2016
Óscar Cabrera has worked for the BBVA Group since 1998 and for the past eight years has been the head of BBVA Colombia. Madrileño by birth and Colombian by adoption, he feels that finally achieving peace is one of the country’s greatest challenges.
23 Mar 2016
11 Feb 2016
15 Jan 2016
Spanish and Mexican businessmen certify that companies from either country are very likely to succeed if they decide to unite efforts and work together.
12 Jan 2016
It’s the first major bank to sign on with the award-winning San Francisco firm’s technology-enabled investment management platform
HOUSTON – January 12, 2016 – BBVA Compass and FutureAdvisor are forging an alliance to bring investment management services to a greater slice of the bank’s clients through digital means, making the Sunbelt-based financial institution the first major bank to sign on with FutureAdvisor after the San Francisco firm’s milestone year in which it combined forces with leading asset-management firm BlackRock.
31 Dec 2015
We are moving closer to the 2016 EU-wide stress testing process, an assessment that seeks to test the resilience of financial institutions under extreme situations. Can banks cope with a new economic crisis? Stress tests provide the answer. Here are the keys to understand what they will be like.
03 Nov 2015
BBVA has exited the list of Global Systemically Important Banks, G-SIBs, published today by the Financial Stability Board (FSB). BBVA is predominantly a retail bank, with operations in over 30 countries and with a sound and straightforward business model. The decision is coherent with the nature of BBVA’s business model.
30 Sep 2015
BBVA was distinguished in the “e-Commerce Awards Paraguay 2015” as best bank in the category of “Financial Services and Online Banking”, organized by the Latin American Institute for Electronic Commerce and coordinated locally by the Paraguayan Chamber of Electronic Commerce (CAPACE) and the Paraguayan Industrial Union.
23 Sep 2015
Two London-based fintech start-ups – Everledger, which uses the Blockchain to record ownership of valuables, and Origin Markets, a platform which directly connects corporate bond issuers with institutional investors – have won the 2015 BBVA Open Talent Europe final. OpenTalent, now in its 7th year, seeks to support the fintech ecosystem by finding and supporting the best start-ups across the world, and is part of BBVA’s work to transform its business using digital technology.
01 Jul 2015
Credit brokerage activities outside the regulated banking system –known as shadow banking– will gradually gain ground in the coming years, and the sector is gearing up to respond to this massive change.
15 Jun 2015
Spain has gone from being “a seriously ill patient and a source of contagion for the rest of the euro zone” to implementing “one of the most vigorous reform programs,” in the words of Francisco González. Thanks to the reforms undertaken, “Spain is well positioned to register sustainable growth over the next few years,” he said at the UMIP/APIE course today.
12 Jun 2015
BBVA Chief Financial Officer (CFO) Jaime Sáenz de Tejada has been named the best CFO in Europe. There were a total of 100 participants in this category. Likewise, Mr. Sáenz de Tejada has been voted the leading CFO in the European banking sector, out of a total of 93 banks, and first in Spain, a category with 47 participants.
04 Feb 2015
The BBVA Group posted a profit of €2.62 billion in 2014, 25.7% more than in 2013, according to the new accounting rules1, driven by the solid net interest income performance, cost control and lower loan-loss and real-estate provisions. Net income from ongoing operations, which does not include results from corporate operations, grew 53.1% to €3.08 billion year-over-year.