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Finance

Finance

The Council of Europe will hold its June summit at a complex time with significant challenges on economic, political, and social issues. As BBVA Research points out, it also represents an opportunity to further strengthen the EU's Economic and Monetary Union. As such, the reform of the euro will be one of the decisive elements, although also one of the most controversial.

According to RealtyTrac, as of April 2018, there were more than 600,000 properties in the U.S. in some stage of foreclosure. While the numbers of foreclosed homes are significantly lower than at the peak of the U.S. Housing Crisis, with more than a half million lender owned homes on the market, buyers still have a solid opportunity to find a good deal.

The trade media Structured Retail Products (SRP) has recognized BBVA in six of eight categories for which the bank was nominated. In its 2018 awards publication, the organization underscores BBVA’s capabilities as a global structured products house for foreign exchange and interest rates. BBVA was singled out in the distributor category, winning best distributor performance in Peru and Mexico, best distributor in Peru, and was one of the finalists for best distributor in Mexico.

Over three days experts in finance, fintech and technology debated in Salzburg (Austria) the import of the challenge posed by technology for the economy and the financial sector. The disruption brought on by the massive adoption of new technologies has quickened the pace of change facing institutions. They also face the task of attracting customers in an environment in which there is much more supply.