We have experienced the deepest global crisis since the Great Depression. Among the things that have changed - perhaps for good - is the way the financial sector now acts at a global level to manage both credit and reputational risk. This has coincided with what amounts to a genuine explosion in technology, which has undoubtedly only just begun.
Finance
Finance
Ricardo Gómez Barredo, Director of Accounting & Supervisors at BBVA taught the Rafael Termes Lesson at the University of Navarra’s School of Economics. “A clear and fair regulatory framework will contribute to financial stability, innovation, customer protection and efficiency gains in the market,” he told the 27th class at the School of Economics and twelfth class receiving a dual degree in Law.
Within the varied and, for many people, unfamiliar jargon of the stock trading world are the terms “squeeze-out’ and ‘sell-out.’ Both refer to mechanisms for the forced purchase and sale of shares, and are closely linked to the context of a takeover bid.
Yesterday, Tradebe obtained the world’s first green syndicated financing in term loan format, for a total of €265 million. The transaction was signed by 11 national and foreign financial institutions with strong oversubscription under BBVA’s leadership as Facility and Green Agent, Coordinator and Sole Bookrunner.
For two days, global experts will discuss the future of banking, fintech firms, blockchain, and mobile payments. BBVA’s Global Executive Chairman will give the closing presentation at the event.
In 2018, Argentine will preside over the G20, the forum representing the 20 largest economies in the world. In the lead-up to its presidency, Argentina’s priorities are very much present this week at the Euroamerica Foundation in Buenos Aires. BBVA Executive Director José Manuel González-Páramo will participate in the meeting.
Moody´s ratings agency has confirmed its stable outlook for the Spanish banking sector. This reflects the agency´s view regarding the evolution of the sector over the next two years. Moody´s believes that GDP growth will allow financial institutions to continue improving their asset quality metrics, although at a slower pace than last year. Likewise, Moody´s expects that the profitability of the banks will be maintained throughout 2017-2018, since lower provisions will compensate for the pressure on margins due to low interest rates.
An exchange rate system, also called a currency system, establishes the way in which the exchange rate is determined, i.e., the value of the domestic currency with respect to other currencies. Choosing the currency system is a pivotal element of the economic policy adopted by a country’s government. The currency system has significant repercussions on the flexibility of the exchange rate and on other instruments of economic policy.
On May 1, BBVA Compass, through its Bright Futures initiative, and the Houston Dynamo kicked off Small Business Month by launching the second installment of “The Pitch.” Small businesses and start-ups were encouraged to submit a business plan describing why they have a bright future in their industry.
BBVA Compass Fort Worth CEO Brian Happel was once quoted in the New York Times discussing his hope to earn an early roster spot on a professional football team in 1982.