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.
BBVA Research Spain has received the 2014 Forecaster Accuracy Award (FAA) granted by the global macroeconomic survey firm Consensus Economics. This accolade honors the quality and accuracy with which the experts at BBVA Research have prepared their growth forecast for Spain, as well as their inflation projections.
Credit card providers use machine learning techniques to attract new customers, drive up turnover, offer personalized recommendations to users and identify fraudulent operations.
Customer experience, mobility and new business models based on leading fintech startups all form part of a process that many financial institutions are carrying out and these are the seven steps that they should follow in order to achieve success.
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.
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.
BBVA once again tops the annual ranking of Risk magazine, based on the opinions of clients on derivative providers in the Spanish market with a 20.5% of the votes.
BBVA Bancomer today announced that it has appointed Eduardo Osuna Osuna as its new general manager, replacing Vicente Rodero Rodero, who, since October 1, 2012, has been the vice chairman of the Board of Directors and the bank’s general manager.
The winners of this year’s awards are those banks that attended carefully to their customers’ needs in difficult markets and accomplished better results while laying the foundations for future success. All selections were made by the editorial board of Global Finance, after extensive consultation with corporate financial executives, bankers and analysts throughout the world. In selecting these top banks, we considered factors that range from the quantitative objective to the informed subjective.