When it comes to BBVA Compass credit card options, one size might not fit all – and that’s a good thing for consumers looking to find just the right card for them.
Finance
Finance
Where will the future seat of the EBA, the European Banking Authority be located? As of today, the only thing clear is that, as a result of the brexit, the institution will have to pass the torch to another EU city. The city chosen to host this European institution, responsible for ensuring the effective and consistent oversight and regulation of the European banking sector, will be announced soon.
BBVA Francés seeks to capitalize on the improving prospects of both Argentina’s economy and financial system to grow. To underpin the company's growth, BBVA Group’s Argentine subsidiary has announced that it is preparing a capital increase through the issue of up to 95 million new shares, equivalent to about $500 million at today’s prices. This transaction will be offered both on the Buenos Aires Stock Exchange (BYMA) and as an ADS through the New York Stock Exchange (NYSE).
Small Places LLC was announced as the winner of the second installment of “The Pitch” from BBVA Compass and the Houston Dynamo on June 13, awarding the organization the grand prize of $10,000, and business consulting from BBVA Compass and Dynamo executives.
According to the experts, artificial intelligence is not only a banking reality, it will change the sector completely. The transformational power of artificial intelligence can already be glimpsed in the form of chatbots, robo-advisors, and Robotic Process Automation.
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.
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.