There was a sharp drop in investment in VC-backed companies in late 2015. According to the global quarterly report on VC trends published by KPMG International and CB Insights, investment in the fourth quarter of 2015 stood at 27.2 billion US dollars, with 1,742 deals at the global level –representing a 30% decline in funding. This was also the lowest quarterly level of deals to be registered since the final months of 2013.

The European Banking Authority celebrates its 5th anniversary in 2016. Headquartered in London, this body was formed in January 1, 2011. Its mission was clear: to ensure coordination of European Union regulations and banking supervision. To celebrate its anniversary, the EBA has organized a conference which takes place today. The discussion will center on the achievements to date and the challenges for the future.

These are the ratios that show up the financial position of a bank. This is a disclosure of BBVA's ratios calculated at the end of December 2015

BBVA executive chairman Francisco González this morning commented on the bank's results for 2015, pointing out that "BBVA showed its considerable ability to generate results."

BBVA Group Executive Chairman Francisco González said, “In 2015 BBVA showed its enormous ability to generate earnings in a complex environment, while moving ahead decisively in its transformation. We face 2016 with optimism.”