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.
How will the largest economies evolve over the next ten years? What yields may be expected from the main financial assets in that period of time? These are the two questions that the BBVA Asset Management’s strategy team has taken into consideration to elaborate a financial plan that allows to properly gauge the strategic asset portfolios it manages for its customers through different vehicles (investment funds, pension funds, SICAVs…).
Don’t miss Carlos López-Moctezuma’s interview featured in CNN en Español's GloboEconomia, From CNN's studios in Wall Street (New York), BBVA’s Head of Financial Inclusion and Easy Banking of BBVA explained why there are still over 2 billion people across the world (38% of the total adult population) that still don’t have access to financial services, not even a bank account, and what a bank like BBVA is doing to include them in the system. New mobile payments and online banking technologies are key.
BBVA’s new headquarters in Madrid has been built according to the strictest sustainability criteria to ensure minimal environmental impact. Thanks to the smart systems built into the new Ciudad BBVA it has been possible to achieve energy consumption rates of 30%. Potable water consumption has been also cut by half and 100% of waste is recycled.
The Free Trade Agreement between the EU and the US seeks, in broad terms, to foster the trade of goods and services and investment between both blocks. The partnership will boost growth and create new jobs, becoming a frame of reference for other economies.
BBVA has received the approval from the China Banking Regulatory Commission (CBRC) to open a branch office in Shanghai, the first one the bank opens in Mainland China. The Spanish bank has been present in this city for ten years through its representative office, which was opened in 2005.
With this operation BBVA invests around 64 million euros in the capital of this United Kingdom mobile bank as part of the Group's strategy for pioneering financial services in the digital area.