Reuters reports that, according to public sources and communications, as jobs in the financial sector begin to leave, the principal international banks present in London plan to transfer approximately 9,000 position to Europe over the next two years. These transfers represent approximately 2% of jobs in the financial sector in London.
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El Mundo reports that, according to the 5th Retail Banking Emotions Study in Spain, which was conducted by the consulting firm EMO Insights International, BBVA is the bank that most improved customer emotional ties in the past five years, raising its score by 29.4 points. BBVA is far above the sector average of 12 points. Its improvement is the result of its stance as an innovative institution.
According to a study by Cuponation, Spain’s annual Film Festival has brought in 4 % of the annual number of moviegoers since the tax on cultural events was increased in 2012.
As published in Spain’s Expansión, centrist Emmanuel Macron won the French presidential elections yesterday by nearly 29 points over Marine Le Pen of the far-right National Front. With 86 % of the votes counted, Macron had obtained 63.33 % of the votes, compared to Le Pen’s 35.7 %.
According to the firm Juniper Research, the digital payment market will continue to grow this year, to an approximate value of nearly $4 trillion, an increase of more than 14 % over 2016.
According to a study by the financial services company Ebury, 94 % of professionals working in financial technology companies - the so-called fintech firms - are satisfied with their salaries in comparison to other sectors. They also say they are very happy to work in these companies.
Robo-advisors have attracted more than $1.32 billion in funds, in a total of 119 transactions since 2012, according to CB Insights.
Shared economy, wearables, autonomous cars, big data… with the help of startups, the insurance business has begun to adapt its business model to a new society. The investments in insurtech already exceed $1.7 billion annually.
BBVA CEO Carlos Torres Vila focused on the company’s solid quarterly financials. The results reflect the Group’s capacity to “generate recurring revenues across all countries in which it operates,” he said. This, together with the Bank’s ongoing digital transformation and improving macroeconomic outlook, is enabling the company to “lay the foundations for BBVA’s future success.”
Türkiye Garanti Bankası A.Ş., announced its financial statements dated March 31, 2017. Based on the consolidated financials, in the first three months of 2017, the Bank posted a consolidated net income of TL 1.54 billion. While Garanti’s asset size reached TL 328.69 billion, its contribution to the Turkish economy through cash and non-cash lending exceeded TL 269.26 billion. The Bank’s ROAE (Return on Average Equity) improved to 18.9% and ROAA (Return on Average Assets) to 2.1%.