Following the publication of the third quarter results, BBVA CEO Carlos Torres Vila said today that the Group hit an important milestone in capital generation: a CET1 fully-loaded capital ratio of 11%, a goal originally set for 2017. “We have had solid growth in recurring revenues, cost control and stability in risk indicators,” he indicated prior to the press conference with Spanish media.

BBVA Compass and Opportunity Finance Network are joining forces to cultivate the next generation of leaders for Community Development Financial Institutions, organizations that are critical engines of opportunity in low-income communities.

Banks play a critical role as providers of funds to the real economy. In this regard, the active management of the balance sheet has become more and more important, and is now a strategic area for financial institutions. Some of its key goals are guaranteeing liquidity, strengthening solvency and reducing exposure to credit risk.

A bank balance sheet is a key way to draw conclusions regarding a bank’s business and the resources used to be able to finance lending. The volume of business of a bank is included in its balance sheet for both assets (lending) and liabilities (customer deposits or other financial instruments).

Between 20 and 30 per cent of people in the US and Europe are working independently in the so-called "gig economy" according to a new study that counts moonlighters as well as full-timers.

BBVA Compass employees recently closed out 100 Days of Brightness, the bank’s initiative to create smiles through random acts of kindness.