The European Commission (EC) plans to begin to define policies and measures to drive innovation in the financial services area and prepare for the ultimate launch of new FinTech services throughout the European Union. For this purpose, it conducted a public consultation in which BBVA participated, laying out its vision and making proposals for a framework that will allow all players to compete fairly.
Finance
Finance
The digital transformation of financial services is expanding the concept and business of shadow banking — broadly defined as “credit intermediation involving entities and activities (fully or partially) outside the regular banking system”—, according to the Financial Stability Board (FSB), the international body that monitors the stability of the global financial system.
The Federal Reserve announced Wednesday the results of its Comprehensive Capital Analysis Review, or CCAR, and for the fourth year in a row, it did not object to the capital plan submitted by BBVA Compass Bancshares, Inc.
BBVA is the first dealer to give its institutional clients an automated way to build bespoke structured products and then calculate a tradeable price in real-time through a new Bloomberg function called the Derivatives Library, or {DLIB<GO>}.
This past 23 June, the Cabinet approved a new category of debt for issuance by all financial entities: senior non-preferred debt, which has the ability to absorb losses.
Ricardo Gómez Barredo, Director of Accounting & Supervisors at BBVA, indicated that “the first country that manages to balance the power of the bank regulators will be the most attractive to potential investors,” at the workshop “Madrid the financial center” last Friday. In the context of Brexit, the Spanish financial system should make the regulatory framework less complex in order to become an attractive destination for international banks.
The Aspen Institute named BBVA Compass Director of Corporate Responsibility & Reputation Reymundo Ocañas one of its 2017 First Mover Fellows this week, recognizing him as a leading “intrapreneur” who is working within his company to help solve some of the world’s most pressing social and environmental challenges.
BBVA Compass is sponsoring the Houston Pride Parade for the fifth year in a row, putting its signature blue colors atop the main festival entrance this weekend in a show of support for one of the nation’s largest Pride Celebrations.
A bevy of recent awards and recognitions for BBVA Compass has shined the spotlight on the bank’s Corporate, Commercial and Small Business operations, highlighting the bank’s elite solutions for its wide range of clients.
For BBVA Compass, helping clients create opportunities for their brighter futures is more than a slogan; it’s a mission the bank follows in order to help its clients realize their dreams and ambitions.