Today, if a bank defaults, the Spanish deposit guarantee fund will guarantee the deposits of each investor up to a maximum amount of €100,000. However, the European Commission wants this to be an issue that no longer depends on the jurisdiction of each country. Europe is taking a step forward and wants to ensure all European citizens’ deposits have the same guarantees. To what amount? Also to €100,000.

BBVA has hired Derek White, former Chief Design & Digital Officer at Barclays Bank PLC, as Global Head of Customer Solutions. In this role White will drive the transformation of the customer value proposition, including global product and design, customer experience, launching new products and services and leveraging big data and customer analytics.

Ahead of the start of the New Year, analysts have issued their forecasts for market performance over the next 12 months.  Virtually all agree that equities have a greater revaluation potential than fixed income and prefer the European markets over the US bourse. In Europe, the financial sector, one of the most heavily penalized in 2015, stands out as one of the clearest contenders in 2016.

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.

Those countries with a high level of foreign investment and doubts over the effectiveness of their monetary policy, will be most sensitive to the change in U.S. Federal Reserve policy.

How does a major bank prepare for proper measurement of risks? In the case of BBVA, training is an essential part of the process. 5,000 employees have obtained a risk management training certificate over the last twelve months. The BBVA target: to increase this number.

BBVA favors a solid model where the principles of prudence, anticipation and diversification are essential factors. As part of this policy, one key feature that has associated BBVA with proper risk management is the dissemination of risk culture among its employees. How? Through rapid internal communication and training of employees, and not just employees working in the Risk division.