|Day Low/High||5.63 / 5.68|
|52 Wk Low/High||4.99 / 7.51|
HOUSTON, Feb. 6, 2019 /PRNewswire/ -- BBVA Compass's (NYSE: BBVA) Treasury Management team realized significant milestones in 2018.
- Marked Improvement: The bank's "Outstanding" rating marks its second improved rating since 2014.
HOUSTON, Feb. 1, 2019 /PRNewswire/ -- Fourth quarter net income of $196 million brings full-year total to a record $763 million Net income up 13 percent 1 from a year ago and 31 percent 1 on a year-to-date basis after adjusting for a $121 million non-cash...
- Fed likely to delay raising rates: The Fed will likely delay raising rates in the first half of 2019 as it continues to engineer a soft landing.
- Learning Together: Series of podcasts based on webcasts created in collaboration with Grupo Santillana and El Pais
- Consigliere: Named Miami Market CEO for BBVA Compass, leading a team of experienced bankers across multiple bank units
- Chacon: He has held multiple positions within the BBVA footprint, including in Mexico and the U.S.
- Trends support demand: Despite lower affordability, demographic trends will continue to support housing demands.
- BBVA Compass lends a financial safety net for clients
- President: Sanchez holds 15 years of experience in the financial industry
- Scores: Net promoter score measures likelihood to recommend the bank, calculated by Greenwich Associates
- Updated program reflects bank's commitment to financial education
-- New U.S. leadership: Javier Rodriguez Soler to become CEO for BBVA Compass and country manager for the Group's U.S. operations
Initiative part of bank's $11 billion commitment
- Role: Goff replaces former president Dan Brown, who has joined the bank's local board of directors in his retirement
- CFO: Bond holds a solid background in wealth management services that dates back to 2005
- CEO: Knudson holds more than a decade of experience in the financial industry, including serving as bank market president for the Inland Empire
MADRID, Nov. 28, 2018 /PRNewswire/ -- The Board of Directors of BBVA (NYSE:BBVA) approved the succession plan for the company's Chief Executive Officer (CEO).
Spillover from a Turkish currency crisis is potentially limited to a handful of banks.
Goldman Sachs, the Wall Street firm, lists $2.53 billion of "net exposures" to Turkey. But that figure is dwarfed by the Spanish bank BBVA's 73 billion euros ($83 billion) of assets in the country.
As the contagion in Turkey is grabbing headlines and sinking share prices across European banking stocks, analysts say Deutsche Bank's slide has more to do with other factors.
Turkey's lira fell to a fresh all-time low against the dollar overnight, extending its losses since July past 51%, as the country's economic crisis threatened to spillover into markets all over the world.
Turkey's currency crisis deepened Monday, sending the lira to a fresh all-time low against the dollar, amid what President Recep Tayyip Erdoğan has called an "economic war" against the nation.
Turkey's lira has fallen to a record low against the dollar, and its $860 billion economy -- four times the size of Greece -- is teetering on the edge of a full-blown financial crisis.
Turkey's economic crisis threatened to spill over into the global financial markets Friday as the lira plunged to a fresh all-time low, sending safe-haven assets, including the U.S. dollar, notably higher and hitting stock markets all over the world.
This has put downward pressure on Turkish sovereign debt.
Catalan parliament formally proposes independence as Spain votes to take direct control of the region.
Sabadell and CaixaBank had already announced that they planned to move their headquarters out of Catalonia
The highest U.S. court ruled that CalPERS waited too long to sue banks that underwrote billions in debt securities offered by Lehman Brothers, whose collapse froze global credit markets.
Spanish bank stocks gained in the wake of the ECB's arranged rescue of Banco Popular by Banco Santander Wednesday as investors bet that a consolidation could improve sector profitability.
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