Since the start of the Single Euro Payments Area initiative, known as SEPA, it has hit numerous milestones. November 20th will be another important day in this process of adapting to the new payment regulations in Europe.

BBVA’s CFO in Spain, Ángel Reglero, participated in the UBS European Conference today in London, where he explained the key management priorities in this market. Numerous companies participate in the event, designed as a forum for qualified investors.

BBVA issued €1 billion of mortgage covered bonds this morning at a very competitive price (midswap+23 basis points). This is the cheapest issue of covered bonds made by a Spanish bank in 2016.

BBVA Compass, the nation’s 22nd-largest bank by deposit market share, is punching way above its weight in its drive to become the lender-of-choice for entrepreneurs and small businesses.

According to Investorpedia, retail banks are banks devoted to provide services to particular savers and investors and small and medium sized enterprises. On the other hand, wholesale banks specialize in the provision of services in large operations, generally with large companies and organizations.

Although financial institutions today specialize in a certain type of activity, this has not always been the case. In fact, it was not until after the crash of 1929 that these two types of banking began to operate separately.

This took place in 1933 through the Glass-Steagal Law, which was promoted by Roosevelt as part of a package to stimulate the economy (The New Deal). This law was abolished by Bill Clinton in 1999, which allowed both models of banking to be housed under the same institution once again. However, after the financial crisis that devastated banks in 2008, these activities currently operate separately in most cases.

The main difference between both banking sectors is that they each specialize in different types of customers, but this is not the only difference, Let's take a look at other things that distinguish them.

Miami’s movers and shakers came out in force in late October for the Spain-US Chamber of Commerce annual gala, where BBVA Compass was given the chamber’s Company of the Year award.

It may seem simple to start a successful crowdfunding campaign. However, several different factors are important to keep in mind in order to be successful, which can be summarized as work and strategy. The directors of various platforms helped us to break down these elements.

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.