21 Jun 2018
Alexis Thompson, Head of Global Securities Services at BBVA, explains what the securities services business within the investment banking sector consists of, what clients expect and what tasks it carries out.
29 May 2018
Emerging economies were amongst the topics addressed at the Institute of International Finance’s (IIF) spring meeting, held in Brussels last week. This BBVA-sponsored event convened financial institutions, regulators and public bodies to debate some of the industry’s most pressing issues, including the economic and political outlook, regulation and fintech.
16 May 2018
Of the tax revenue paid by Europeans, only one euro per taxpayer is used to finance the EU’s budget. In total, the EU manages a budget of about 1% of the gross national income of its member states. Nonetheless, how this money is invested directly impacts Europeans’ lives; it is therefore of interest to understand the EU budget as of 2021, the first spending plan after the UK’s exit from the EU.
06 Apr 2018
The way large corporations and institutional entities manage their finances has changed dramatically over the last decade and transaction banking has played a very important role in this transformation, as a result of both the boost given to the activity and the improvement of the relationship model with customers. The transformation was also affected by the recent financial crisis and has been enabled, to a large extent, by the use of new technologies.
04 Apr 2018
What is transaction banking? It is the side of banking that addresses the operational needs and day-to-day transactions of business, corporate and institutional customers. It also provides cash management services where the short-term management of a company’s liquidity is a key, using instruments and services designed for the management of incoming and outgoing cash flows, international commerce, and asset management.
22 Feb 2018
The headlines about the U.S. dollar this year have underscored how complicated it is to predict the movement of any one currency in a global economy. They’ve gone from grim (“Dollar set for worst January in 30 years”) to triumphant (“Dollar claws back”) to deflated (“Dollar’s rebound fizzles”) in a matter of weeks.
17 Nov 2017
The European Union’s banking and medicine agencies are moving. This is one of the direct consequences of the United Kingdom’s approaching departure from the European Union (Brexit). On Monday, November 20th, the 27 member states will vote on which European cities will be the new home of these two agencies.
16 Nov 2017
Money 20/20 Las Vegas is without doubt one of the showcase events for technology and financial services in the world. Every years thousands of people involved in the industry, from big banks like BBVA to technology firms like Google and most importantly innovators and start-ups, gather to discuss the future of the industry.
16 Oct 2017
BBVA and BBVA Bancomer are piloting an FX matching application developed by Calypso Technology, a leading provider of cloud based cross asset trading software solutions for the financial markets, and enterprise software firm R3. The application, which runs on R3’s Corda platform and is facilitated by Calypso’s cloud services, has already been used by the two banks to match a test FX trade.
13 Oct 2017
The Financial Stability Board (FSB) is an international body that oversees the proper running of the financial system by promoting oversight and regulatory policies.
26 Sep 2017
The R3 consortium is working with 12 financial institutions –including BBVA– and TradeIX in an initiative that aims to re-design the trade finance infrastructure through the use of distributed ledger technology, or DLT.
19 Sep 2017
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.
08 Sep 2017
For months, European authorities have been mulling over a crucial issue for the health of the financial sector: reducing the stock of non-performing assets that have been piling up in banks’ balance sheets during the years of financial crisis. The creation of a bad European bank is one of the alternatives that are being considered to solve the problem.
29 Aug 2017
BBVA has participated in a public hearing in the European Parliament, organized by the Committee on Legal Affairs (JURI). The aim of the hearing was to allow stakeholders to share their insights into the directive’s insolvency proposal with the MEPs. BBVA was the only representative of the financial sector, a fact that attests to the bank’s relevance for EU institutions on these matters.
28 Aug 2017
Once more this year, the symposium of the most important central bankers in the world was held in Jackson Hole from August 24 to 26. Under scrutiny were Janet Yellen, the Chair of the U.S. Federal Reserve and Mario Draghi, President of the European Central Bank. Their words gave no indications of any changes with respect to the future of monetary policy.
09 Aug 2017
BBVA is one of 11 banking institutions that are collaborating on the development of the Voltron project, a platform based on DLT (distributed ledger technology) that puts exporters and importers in contact, in order to improve efficiency in trade finance.
30 Jun 2017
The role the European Central Bank played during the crisis was fundamental to the European economy getting off the ground, according to José Manuel González-Páramo. He experienced part of this process firsthand as a member of the ECB Executive Board and Governing Council from 2004 to 2012. He is currently BBVA’s Executive Director.
29 Jun 2017
The digital transformation of financial services is expanding the concept and business of shadow banking — broadly defined as “credit intermediation involving entities and activities (fully or partially) outside the regular banking system”—, according to the Financial Stability Board (FSB), the international body that monitors the stability of the global financial system.
08 Jun 2017
We have experienced the deepest global crisis since the Great Depression. Among the things that have changed – perhaps for good – is the way the financial sector now acts at a global level to manage both credit and reputational risk. This has coincided with what amounts to a genuine explosion in technology, which has undoubtedly only just begun.
10 Mar 2017
12 Jan 2017
Today, BBVA CFO Jaime Saénz de Tejada stressed the important role the Inter-American Investment Corporation (IIC) plays as a partner and lender for Latin America’s private sector. He also underscored BBVA’s close relationship with the Inter-American Development Bank (IDB), with which the bank is collaborating on numerous fronts.
10 Mar 2016
The Brexit (the term coined to refer to an eventual departure of the United Kingdom from the European Union) was the main topic discussed during the last European Council, which took place during February 18th and 19th. After two days of negotiations, an agreement was concluded that, in general terms, meets the UK’s demands.
22 Jan 2016
Markets across the globe surged after Mario Draghi’s words. Yesterday, the Chairman of the European Central Bank (ECB) hinted at the possibility of stepping up the stimulus program as early as March, after holding the governing board meeting in Frankfurt. However, the ECB decided to hold back for the time being, making no significant announcements and meeting expectations.