The reform of the benchmark interest rates known as InterBank Offered Rates (IBOR) is one of the most significant financial reforms at present. It was driven by both international organizations  (IOSCO and FSB) and regulators (Benchmarks Regulation 2016/1011), with the goal of making the market more transparent and robust. This has led to the incorporation of substantial changes in the interest rates used as benchmarks in the operations of financial and non-financial institutions.

After showing signs of slowing in September, the unemployment rate plunged to 6.9 percent in October, down from 7.9 percent, driven by disproportionately higher job gains in the household employment survey, according to the latest economic analysis from the BBVA Research team.

Months ago, BBVA USA Head of Mortgage Murat Kalkan spoke on a variety of topics regarding the mortgage sector - and in part spoke about millennials and their changing patterns toward homeownership.

Throughout 2020, we’ve witnessed changes that have shifted the very foundation of our society, many of which will reverberate into the next decade. The economic fallout of the pandemic has been felt by small businesses, individuals and everywhere in between. People across the U.S. are hurting financially.

In January, more than 250 leaders from across BBVA USA gathered in Houston to hear from management about the bank’s new 5-year strategic plan. Anybody in attendance will tell you it was a great meeting that generated palpable excitement about the bank’s future in the U.S.

In BBVA USA’s announcement regarding the opening of 15 new branches across Texas, the bank showed its commitment to weaving its groundbreaking digital capabilities into traditional face-to-face interactions, a concept that continues to be relevant in today’s banking industry.