The Financial Stability Board (FSB) is an international body that oversees the proper running of the financial system by promoting oversight and regulatory policies.
Finance
Finance
Last week, 12 Nobel laureates were named in a fresh round of Nobel Prize recognitions in scientific, cultural and academic achievements and innovation.
Financial and commercial services
Garanti Bank launches a new era in banking, transforming branches into the future
Garanti Bank, always focused on facilitating its customers’ lives with its approach of delivering innovative products and services, has launched a new service model with the aim of offering an all-around excellent banking experience. Within the scope of Garanti’s service model, which represents a new era in the Turkish banking sector, all Garanti branches are evolving into an innovative structure built on digitalization where the customers are able to benefit from all kinds of services in a one-stop banking system in the fastest and easiest manner.
Stock market indices can be described as baskets of shares. They are calculated based upon the average prices of a number of shares selected from a market or a particular sector. Their performance allows the investor to know the evolution and trends in the market. At the same time, indices serve as a reference for investors who specialize in funds or portfolios of shares. Following is a list of the principal stock indices on the world market.
The country risk premium is the return that investors demand from a country to buy its sovereign bonds in comparison with that demanded from other countries. It is calculated as the difference between the interest rate of a country’s bonds compared to bonds issued by a benchmark country, considered "riskless."
Credit ratings are estimates that gauge the ability of a company, public administration or financial product to meet their financial commitments. In many cases they are taken as key indicators in capital markets when making investment decisions.
The European Commission has unveiled a plan to bolster the development of financial technology (fintech) and he creation of new tools to combat cybercrime. According to a commission report, "European consumers, investors and businesses will benefit from stronger and more integrated financial markets."
The European Union wants to boost the level of data protection for Europeans, and to this end, it has approved the General Data Protection Regulation (GDPR). The GDPR establishes a series of new requirements, including the mandatory designation of a Data Protection delegate within institutions and companies handling sensitive data. The delegate will be responsible for ensuring that the personal information handled by these organizations is adequately protected. BBVA has already created that post, getting ahead of the standard’s effective date.
Investors and entrepreneurs will once again come together at the South Summit in Madrid, an encounter that has been a proven success in previous years. BBVA will have a distinguished participation in the event.
The transition to a more sustainable economic and financial system is key to boost the union of capital markets in Europe and ensure competitiveness, job creation and stable economic growth maintained Antoni Ballabriga at the European Banking Summit 2017 organized today in Brussels by the European Banking Federation (EBF).