- Community Investment: BBVA and the Montrose Center, along with Houston community leaders, break ground on an affordable, LGBTQ-affirming independent senior living center.
- Retail Banking: BBVA USA Retail Banking Head Çağri Süzer highlights why branches and digital are complementary forces for the bank.
- Small Business: BBVA and the Houston Dynamo announce their annual small business contest.
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Garanti BBVA appoints Recep Bastug as its new CEO, replacing Fuat Erbil. Recep Bastug also becomes the new Country Manager for BBVA in Turkey. The change is effective as of September 1st, subject to required regulatory approvals.
BBVA USA Bancshares, Inc., a Sunbelt-based bank holding company (BBVA), reported today net income of $160 million for the second quarter of 2019 compared to earnings of $184 million in the second quarter of 2018. Return on average assets and return on average tangible equity¹ for the second quarter of 2019 were 0.69 percent and 7.34 percent, respectively. Net income for the first six months of 2019 totaled $301 million compared to earnings of $393 million for the first six months of 2018. Return on average assets and return on average tangible equity¹ for the first six months of 2019 were 0.65 percent and 7.00 percent, respectively.
BBVA USA was recognized by Kiplinger as its runner-up in the Best Banks for High-Net-Worth Families category for 2019. The Washington, D.C.-based publisher of business forecasts and personal finance advice cited BBVA’s expansive wealth services, including its attractive relationship program and well-regarded private bank, and specifically noted its Premier Personal Banking program.
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“My dear refugee and friend, never quit learning, never quit dreaming. Never lose hope.” This is how the letter starts that Muzoon Al-Mellehan has dedicated to the boys and girls who suffer the toll caused by armed conflict. She also had to flee. At 14, she escaped Syria with her family, headed for a refugee camp in Jordan. She brought with her only the essentials: her schoolbooks. During the three years she spent in refugee camps, she fought to raise awareness among families that children should continue studying. In 2017 she became the first UNICEF goodwill ambassador with refugee status. She now lives in the United Kingdom where she is studying international relations: “My message for world leaders and international organizations is that they should focus their efforts on ensuring that children have access to quality education, no matter the circumstances in which they find themselves.”
BBVA today initiated its new brand strategy and updated logo originally announced in April, beginning the process of replacing tens of thousands of physical logos -- and thousands more digital ones -- with the bank’s new mark. In the U.S., crown signage on high rise buildings in Birmingham, Ala., Denver, Austin, San Antonio, Dallas and Houston unveiled the new logo today, along with four branch locations. Remaining locations will transition to the new brand in the coming months.
A company like BBVA has many stories to tell, and the objective is always to find a way to share our stories with as many people as possible. This is why we have been developing a voice content strategy linked to podcast programming for more than a year.
BBVA USA today announced that it has named Kevin McMahon as its new U.S. Head of Engineering, where he will be responsible for the company's overall information technology strategy.