Finance
Finance
For the second consecutive year, the BBVA Compass Foundation has committed to pour a significant investment into the Arizona desert in the form of a grant for community and economic development.
The other day Angela Merkel took a few hours out from the cacophony of day-to-day politics. Putting to one side migration, the eurozone, Russia and Ukraine, Brexit and the rest, the chancellor gave a speech about algorithms. Yes, algorithms.
The so-called Maker Movement is known for creating craft objects using technology like robotics, 3D printing or laser. This trend is fighting to go from a simple hobby to a business opportunity.
Market analysts reacted positively to the results disclosed by BBVA, which in many cases outperformed their forecasts. Reports cite both the bank’s solid set of results and strong capital generation capacity as the factors that have allowed it to achieve its 11% fully loaded CET1 ratio goal ahead of its proposed 2017 date.
BBVA Executive Chairman Francisco González visited a branch in Barcelona to learn firsthand from some of the Group’s employees about how the business and customer relations are progressing during his visit to Catalonia. At a meeting with employees, Francisco González underscored what an important role the branch network plays for the bank.
BBVA Compass Bancshares, Inc., a Sunbelt-based bank holding company (BBVA Compass), reported today net income of $120 million for the third quarter of 2016 compared to $130 million earned during the third quarter of 2015. Return on average assets and return on average tangible equity(1) for the third quarter of 2016 were 0.53 percent and 6.21 percent, respectively.