Work relationships

BBVA and the majority of the labor union representatives (CC.OO., ACB and UGT) have reached an agreement on the adjustment plan in Spain, which involves redundancies of part of the workforce (a total of 2,935 people, about 10 percent of employees of the Group in Spain) through layoffs and voluntary terminations, and an outplacement program for 100 percent of the affected employees through Randstad. The agreement also includes the closing of 480 branches. The process has been characterized by a constructive dialogue between the parties to reach the best agreement for everyone.

BBVA USA today announced the formation of its second Business Resource Group (BRG), this one in support of employees who identify as part of the lesbian, gay, bisexual, transgender, queer (LGBTQ) and supporting community. The announcement was made during the bank’s first LGBTQ Perspectives internal panel discussion, held virtually and including more than 300 bank employees.

Talking about racism and racial inequality can be uncomfortable but necessary.

It’s a constant refrain among leaders at BBVA USA that theirs is an organization of people helping people, and that means addressing both sides of the people equation - customers and employees. Not surprising, then, that the bank’s five-year strategic plan contains pillars that focus on both.

Did you know? There are more than 1,300 different roles within BBVA—and they all play a critical role in creating opportunities for our customers. Over the coming months, we’ll be profiling some team members and sharing how they’re Working for Our Customers.

The Dallas Creation Center (technically in the Farmers Branch, Tex. suburb) has earned its place as the digital heart and soul of BBVA. Turns out, its diverse workforce and startup attitude are also positioning the team as a leader in innovative engagement, too.

A new career development program at BBVA Compass is leading to better customer experiences and greater employee engagement on the Mortgage Fulfillment team.

I will never forget the outfit I wore my first day of 8th grade. Acid-wash Jordache jeans with a zipper up the back, red Esprit branded sweatshirt, white keds, Esprit logo tote bag and bangs curled into a claw then weighed down with Aqua Net. I was the epitome of middle school 80s cool.

Garanti Bank, signed a three-year credit agreement worth $250 million with ICBC (Industrial and Commercial Bank of China Limited) with the coordination of ICBC Turkey Bank A.Ş. The agreement has been the first credit cooperation by Garanti with ICBC. Garanti will be using this amount for the funding of general corporate operations and foreign trade.

BBVA Compass received a perfect score of 100 percent on the 2018 Corporate Equality Index, a measure of workplace equality for lesbian, gay, bisexual, transgender and queer employees that serves as a benchmark for some of the country’s largest and most influential workplaces.

BBVA is the Spanish bank with the greatest capacity to attract and retain talent, according to the results of the 12th edition of the Merco Talento study. The 2017 ranking, which is led by clothing retailer Inditex, lists the 100 best companies to work for in Spain.

Futurist Jerome Glenn, CEO of Millennium Project, urges companies and governments to be proactive in the face of technological advances and outlines three different scenarios in which artificial intelligence can determine the course of society.

Delving into the digital universe implies competing in the sprawling world of search engines and social media. Some of these tips may be highly useful for SME’s starting the adventure.

The Madrid-based startup Source{d} is developing an algorithm that analyzes millions of developers’ code to select those that best meet the needs of every company.

Chicfy, a women’s second-hand clothing digital marketplace, is one of the most unlikely success stories of the sharing economy in Spain. Behind the startup’s rise to fame is the one of a kind personality of an entrepreneur, Nono Ruiz, who thinks differently about business.

The U.K. is convinced that London will continue to be Europe's fintech capital and a global financial center after Brexit. But other European capitals are hoping to take its place. It will all depend on the long negotiation about to begin between the EU and the U.K.

Just as the BBVA Group is reinventing itself to offer the best customer experience and customer experience and lead the new financial industry, we at BBVA Paraguay are hard at work to contribute to this transformation process. And we have the best talent in the country to do so.

Ciudad BBVA held Encuentro Promociona, which helps women land senior management positions and seats on boards of directors. The event was presided over by Queen Letizia of Spain and attended by BBVA Executive Chairman Francisco González; the president of the CEOE business association, Juan Rosell; and the Minister of Healthcare, Social Services and Equality, Dolors Monserrat.

The traditional way of viewing companies as mere places of work, where people go to earn a salary has been superseded for some time now by more evolved organizational outlooks. It is now an obsolete vision. Today, the most admired corporate organizations across the globe take an interest in development, well-being, quality of life, culture and human talent. And many get involved in sports.

The United Nations Economic and Social Council, ECOSOC, has recently awarded consultative status to the BBVA Microfinance Foundation (BBVAMF), in recognition of the Foundation's work in its sphere of action: microfinance for development.

What connects a customer who is about to lose two million Mexican pesos (nearly 100,000 euros), soy milk, butterflies, and children who immigrate to the United States? One person. Her name is Amelia Aguilar and she is the manager of a BBVA Bancomer branch in Puebla, Mexico.

BBVA’s transformation process involves a new corporate culture with new, more agile and flexible ways of working. We spent two days in one of the quarterly planning sessions BBVA is holding around the world to find out firsthand what this new way of working is like.

The trade finance or foreign trade activity accompanies people and businesses in their activity importing/exporting goods and services, mitigating the risks that exist in international commercial relations and simplifying the settlement of operations. The same commercial transaction can require different solutions over time, depending on the moment at which it takes place and the role of the parties involved (importer or exporter).

Six out of every 10 relevant decisions made in companies are governed by the "intuition" and "experience" of their senior management. Although something is beginning to change: three out of every 10 decisions are already made based on data analysis results.