BBVA, which recently launched its line of business ‘Quantitative Investment Strategies’ (QIS) for institutional investors, has augmented its first QIS index family specialized in sustainability, with the incorporation of two pioneering climate indexes of its own creation: ‘Solactive BBVA Climate Action PAB Europe’ and ‘Solactive BBVA Climate Action CTB Europe’.
NEWS BBVA.COM | USA
PNC Acquisition
BBVA has agreed to sell to PNC its subsidiary in the U.S. for $11.6 billion (€9.7 billion¹) in cash, an amount that represents 19.7 times the unit’s 2019 earnings², and that is almost 50% of BBVA’s current market capitalization.
Events
‘A major opportunity is ahead of us’: BBVA and PNC kick off town halls across lines of business
As integration planning efforts continued—and almost one month after PNC’s acquisition of BBVA’s U.S. subsidiary was announced— BBVA USA team members across the bank began to be introduced to PNC’s leaders and structure in a series of virtual town halls.
``To all our colleagues in the US: Thank you for your great work all these years, and we wish you all the best in this new phase full of opportunities.``
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