In his speech in an event organized by Faculty of Economics of University of Navarra, BBVA’s Executive Director, José Manuel González-Páramo, underscored digitization as an opportunity for the financial sector to become more efficient, improve risk management and generate greater value for customers. He also noted that the institutions that possess financial and technological tools, together with an appropriate vision, will be the banks that provide stability in the sector. Finally, he stressed the need for financial regulators to make innovation a priority in their agendas.
BBVA Global Executive Chairman Francisco González received Euromoney’s global award for Banker of the Year yesterday in London. BBVA also won eight other awards at the Euromoney Awards for Excellence, including Best Bank in Spain and the World’s Best Bank in Emerging Markets.
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.
BBVA’s transformation process involves a new corporate culture with new, more agile and flexible ways of working. We spent two days in one of the quarterly planning sessions BBVA is holding around the world to find out firsthand what this new way of working is like.
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.
BBVA Research analyzes the consequences of Brexit. The UK has decided to exit the European Union in a referendum with a 52%-48% margin, and a participation rate of 72%. Prime Minister (PM) Cameron has resigned and will remain in charge until October, when the Conservative Party will choose its next leader. This note and the attached presentation look at the economic consequences of Brexit.
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: