On Wednesday, BBVA CEO Onur Genç underscored BBVA’s commitment to continue advancing in the Group’s transformation process. Speaking to a group of international investors, he also emphasized BBVA’s strengths —both globally and by business area— in markets like Mexico and Turkey.
BBVA issues a €1 billion CoCo bond in a deal that is more than three times oversubscribed
BBVA has issued a €1 billion contingent convertible bond (CoCo), which saw a demand of more than three times the initial offer and received more than 250 orders. The high demand for the issue made it possible to set the final coupon rate at 6 percent, 0.375 points below the initially indicated price (6.375 percent).
BBVA Group executive chairman Carlos Torres Vila is re-elected, with more than 98 percent of the votes
At his first Annual General Meeting (AGM) as Group executive chairman of BBVA, Carlos Torres Vila was re-elected as a Board member with more than 98 percent of the votes, according to the definitive data of the votation. The shareholders meeting in Bilbao today also supported the appointment of Onur Genç as a Board member of the BBVA Group with 99 percent of the votes. A large number of institutional and minority shareholders participated in the voting, with a quorum over 64 percent.
"The legal proceedings are subject to secrecy and we are not able to reveal any information"
BBVA Group Executive Chairman Carlos Torres Vila, made reference to the CENYT case on March 15, in the context of the Group’s Annual General Meeting. This is the exact transcription of his statements.
We interview Hector Chacon
Q&A with Hector Chacon: We are anticipating client needs as the industry evolves
BBVA shareholders have an appointment this Friday at the Euskalduna Concert Center in Bilbao, Spain. Starting at 12:00 CET, Group Executive Chairman Carlos Torres Vila and CEO Onur Genç will take stock of 2018 and offer their vision of 2019.
For the second time within a month, GOBankingRates has recognized BBVA Compass, this time highlighting its second chance checking account as one of the top in the U.S. The list includes 16 banks across the country, with BBVA Compass being the second largest bank recognized in terms of assets and branch count.
All eyes were on the possibility yesterday that the European Central Bank (ECB) could make changes in the forward guidance on rate and on a potential announcement of new liquidity measures. And Mario Draghi didn’t disappoint: he answered both questions. He announced that the ECB will keep interest rates on hold until at least the end of this year and another series of auctions of long-term liquidity. BBVA Research has just released an ECB Watch report covering and assessing the measures announced by Draghi.