Close panel

Close panel

Close panel

Close panel

Finance

Finance

Private industry leaders gathered at BBVA Compass Plaza in Houston for a workshop Tuesday on how businesses can push progress on the most pressing issues of our time. The workshop, hosted by BBVA Compass, the United Nations' Sustainable Development Goals Fund and the BBVA Microfinance Foundation, had two goals: to help spread the word and build understanding of the United Nations' 17 Sustainable Development Goals, which revolve around issues like education, health, poverty alleviation, clean water and the climate; and to gather input from executives at some of the companies that are already focused on tackling some of those same issues.

One of the consequences of the latest financial crisis for banks has been the so-called non-performing loans or NPLs. Loans regarding which the borrower has either already failed to meet his payment obligations or is showing signs of having difficulties meeting them. Some financial systems, such as Spain’s, have already done their homework clearing their balance sheets. However, for other systems credit quality is still a matter that needs to be addressed. A recent case are Italian banks, which still bear a burden of over €300 billion in this type of assets.

Just as in previous years, the G20 summit – held in China this year – has drawn worldwide attention. But the leaders of the 20 major economies were not the only ones to meet in Hangzhou. In parallel, business leaders from these same economies presented their proposals in the Business 20 event.

Apollo 11 was a milestone for solving complex problems. Hence the name moonshots: projects that propose radical ideas for tackling major problems by using futuristic technology. Their capacity for innovation has just started.

The history of banking is a story that must be told in stages. It starts with its birth after the 1929 Wall Street Crash with the Glass-Steagall Law, and continues to present day with the Dodd-Frank Law Barack Obama signed after the 2008 financial crisis.

You may think you can’t afford to travel because of your limited budget.

But you may not be familiar with all the options that apps and the Internet offer, ranging from cost sharing to house swaps.