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Finance

Finance

BBVA Executive Board Director José Manuel González-Páramo, at ADEIT

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.

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.

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.

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?

bbva-compass-2017-american-health-association-recognition

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.