The recent elections in Germany have ended this year’s electoral cycle in Europe. With euroscepticism weighing in at the ballot box, it’s now up to the European Union to bring its institutions closer to the continent’s citizens, according to José Manuel González-Paramo, Executive Director of BBVA, speaking at a conference on “The New Europe: Challenges and Opportunities” organized by ADEIT.
Finance
Finance
Speaking this morning at the 22nd annual meeting organized by Bank of America Merrill Lynch in London, Chief Financial Officer Jaime Sáenz de Tejada explained some of the key aspects BBVA’s strategy to investors. "BBVA is well positioned for the new growth cycle", thanks to a solid balance sheet and capital position, as a result of the company’s efforts in recent years, its geographic diversification and forward-looking transformation strategy.
Economics, businesses and finance
Francisco González tells finance and banking students: “If you have a strategy and you believe in it, persevere”
Perseverance is the key to success. That was the message BBVA’s Group Executive Chairman shared with an audience of finance and banking students at the start of the academic year. “Amazon was about to collapse twice. It has been hard for us, but here we are leading the transformation of the industry,” said Francisco González. Principles are the other fundamental element: “Never give in to misconduct,” he told them.
BBVA has joined a group of 14 banks that have made a commitment to the United Nations Environment Programme – Finance Initiative (UNEP-FI) to implement the recommendations on financing and climate change published by the Financial Stability Board in July in the framework of the G20.
BBVA Compass Chief Talent & Culture Executive Rosilyn Houston made her second appearance in as many years Monday on American Banker’s Women to Watch list, part of the industry standard’s annual Most Powerful Women in Banking series.
It’s known as the Gateway City. A place that has been sung about by country music legends like Johnny Cash and Willie Nelson, a city that lived under seven flags at one point or another, and the home to an institution that is more than a century old.
BBVA has adhered to the Foreign Exchange (FX) Global Code of Conduct, a voluntary code that aims to promote a robust, fair, liquid, open and transparent market in which wholesale market participants can trade securely and effectively at competitive prices that reflect available market information.
Say you go into a hair salon and want to pay your stylist a tip, but you don’t have any cash on hand. Instead, you use your credit card and pencil in a tip amount. Given the fees merchants have to pay for the ability to accept debit or credit card payments, perhaps you’ve asked yourself how much of the tip will actually make it to the stylist. Will the merchant take a cut of it in order to help pay those fees?
Economics, businesses and finance
EU banks' capital leverage and liquidity ratios continue improving
The EBA recently completed its latest monitoring exercise to assess EU Banks’ capital, leverage, and liquidity ratios assuming full implementation of the CRD IV-CRR/Basel III framework. Overall, the results show that, between June and December of 2016, there was an improvement in both CET1 capital and liquidity ratios.
On Sept. 12, the American Heart Association announced the results of its 2017 Workplace Health Achievement Index, a comprehensive annual survey that assesses and measures the quality and overall effectiveness of workplace health programs at companies across the nation. BBVA Compass is the only company headquartered in Birmingham, Ala. and bank with an employee count of over 5,000 to earn Gold level for cultivating a culture of health within its workforce.