For many Americans, their home is their greatest source of wealth. It is for this reason — and many others — that the housing market has always been an extremely important part of the U.S. economy. What's more, studies have shown time and time again homeowners are more active in their communities, healthier and less likely to be victims of crime. Simply put, home ownership is good for our citizens, our communities and our country. Which is why over the years, the U.S. government has created programs designed to make homeownership accessible for more Americans.
Finance
Finance
The final school bell has rung for a good portion of students across the U.S. - and if it hasn’t, it surely will soon. Summer plans are being made, and that could include a family vacation abroad to experience foreign lands and new cultures with loved ones.
Speaking at the European Conference on Financial Integration and Stability, BBVA Head of Regulation Santiago Fernández de Lis detailed the benefits of a true single digital market and the need for greater harmonization of the regulation governing digital financial services. The event, jointly organized by the European Commission and the European Central Bank, was held in Brussels last week.
Homeownership has always been a part of the American dream. All you have to do is work hard, and you can get your piece of the economic pie. We're a country built on the promise of social mobility, and for many Americans, owning a home means you made it to the top.
BBVA has rolled out an innovative dynamic portfolio DIY-management solution for wholesale clients. BBVA has incorporated a new platform into its systems: Euroclear Quantessence, a tool that allows clients to easily set and change their portfolio’s parameters. The software also allows clients to visualize the changes made to said settings in real time.
In a show of confidence from international markets, Garanti Bank signed an oversubscribed syndicated loan facility with demand from foreign banks reaching above $1 billion.
Financial and commercial services
High yield or investment grade? Different bonds based on their credit quality
A bond is a debt instrument used by companies as a source of financing. Depending on the issuer’s credit quality, a bond can be classified as investment grade or high yield. But what are their main differences?
Opinion
An integrated and fully-entrenched capital markets union in Europe is needed to ensure an orderly transition in accordance with the United Nations Sustainable Development Goals and the Paris Agreement. José Manuel González-Páramo, BBVA Head of Global Economics and Institutional Relations stated as much today.
Credit cards are a useful financial tool that can be utilized in various situations.
However, not everybody carries a credit card. Some people may want to simply use a debit card, or some may not have a good enough score required to obtain a credit card. This could prove difficult in certain situations - especially when trying to rent a car.