Finance
Finance
The term Supply Chain Finance (hereinafter SCF) is a broad term that encompasses a vast variety of financial solutions (finance) that provide support to the different commercial partners engaging in the different stages of the productive chain (supply chain) of a company, from the time the purchase order is issued until the corresponding invoice is paid.
In May 2016, we went to Lima to see for ourselves the new ways of working that BBVA is introducing throughout the organization to accelerate its transformation. For two days, BBVA Continental teams met to participate in a quarterly planning session. The goal is to decide on the projects for the next three months and determine the tasks that must be carried out to make them a reality. "Agile methodologies have proven to be a model that works and really get people excited,” affirms Karina Bruce, Talent and Culture Manager at BBVA Continental.
The Federal Reserve announced Wednesday that it did not object to the capital plan submitted by BBVA Compass Bancshares, Inc., as part of its Comprehensive Capital Analysis Review, or CCAR.
The European Banking Authority (EBA) announced the appointment of Santiago Fernández de Lis, Head of Financial Systems and Regulation at BBVA Research, as Chairperson of its Banking Stakeholders Group (BSG).
The outcome of the referendum that took place yesterday in the UK, where most Britons (51.9%) voted for the UK to leave the European Union, has triggered reactions across the world. Here are the 5 statements that you cannot miss about the Brexit:
The Federal Reserve Board released the results Thursday of the latest round of the Dodd-Frank Act Stress Test, which reported that BBVA Compass projections again exceeded the minimum applicable regulatory requirements for all nine quarters in the severely adverse hypothetical scenario as defined by the Fed.
The stress test, to which 33 of the country's largest financial institutions were subjected, is designed to evaluate whether the firms have sufficient capital to absorb losses in a hypothetical, severely adverse scenario. The scenario depicts economic conditions that are more adverse than expected conditions.
The results released on Thursday were from the first of two Fed stress tests. The results of the Comprehensive Capital Analysis Review, or CCAR, will be released next week.
BBVA Compass posts the results, and the full disclosure for both stress tests, here.