Banco Bilbao Vizcaya Argentaria
Company and Financial Services Company
BBVA Compass Ranks Third Nationally in SBA 7(a) Loan Volume for Fiscal Year 2009...retail banking services, consumer loans, mortgages, credit cards, securities brokerage, wealth management, pension plan management and insurance. The BBVA Group maintains a leadership position in Spain, Mexico, Latin America and the... In this article: BBVA Compass, Small business, BBVA, Compass Bancshares, Inc., Small Business Administration, Alabama, Market capitalization, Trademark, and Global Finance |
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MarketWatch | October 28, 2009
Banco Santander reports flat 3rd-quarter net
...from higher bad debts going forward. "Santander has been outperforming European banks (and BBVA) in recent weeks (after the Brazilian listing) and the numbers could prompt some profit taking," said Lee. Santander. Santander raised $8...
In this article: Santander, Bad debt, Madrid, Brazil, Spain, Fiscal year, Credit crunch, and Norges Bank
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FT.com - Lex | October 27, 2009
BBVA
Still, the crisis has not been a paseo in the park: Spain's worst economic downturn in 60 years, plus Mexico's slowdown, forced BBVA to increase bad debt provisions, trimming third quarter profit by 3.3 per cent to EUR4.2bn. Never...
In this article: BBVA, Bad debt, Santander, Spain, Bancomer, Citigroup, and Mexico
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WSJ.com: Markets | October 27, 2009
BBVA Posts Flat Net Profit
...EUR3.04 billion. BBVA has managed to avoid the worst of the global financial crisis, having for the most part stayed away from trading in complex derivatives and toxic instruments, which battered many banking giants. But it is facing...
In this article: BBVA, Santander, Madrid, Derivative, Recession, Spain, and Mexico
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Dallas Morning News | August 27, 2009
BBVA Compass plans banking growth in U.S.
BBVA, the second-largest bank in Spain, and Banco Santander SA, Spain's largest bank, were recently downgraded by Moody's Investors Service due to concerns about the weak Spanish economy as well as pressures from the U.S. and Mexico. BBVA...
In this article: BBVA Compass, BBVA, U.S., BBVA Bancomer, Texas, and Moody's
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SPIEGEL ONLINE - International | October 01, 2009
Rebounding from the Crisis: Spanish Bank BBVA's China Strategy
...over 70 percent of the group's total profits during the first half of 2009. According to Galatas, Asia represents "only 2 to 3 percent of [BBVA's] total profits." Walking through the offices of the bank's Asian headquarters on the 43rd...
In this article: Asia, China, Latin America, Banco Santander, Spain, Joint venture, and Hong Kong
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BBVA names new chief as it plans offensive
...rivals to expand further, especially in the US and Asia. BBVA makes most of its money in Spain and Mexico, although it has also been consolidating its presence in the US sunbelt. "I hope BBVA is going to be one of the winners," Mr...
In this article: BBVA, Santander, Bank of Spain, Lehman Brothers, and US
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BBVA net income slips as bad loans creep higher
...the bank's balance sheet. In Mexico, also enduring a difficult downturn, BBVA said it kept a tight rein on costs, which drove a 7.1% rise in operating income in the third quarter and a 4.8% rise in revenue. BBVA also said it was able to...
In this article: Spain, BBVA Compass, FDIC, U.S., Madrid, Balance sheet, Revenue, Recession, and Standard & Poor's
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Description from Wikipedia:
Banco Bilbao Vizcaya Argentaria (BBVA), (NYSE: BBV, , ) is a multinational Spanish banking group. It was formed in 1999 from a merger of Banco Bilbao Vizcaya and Argentaria, both of which in turn had previously amalgamated three important banks in Spain, namely Banco de Bilbao, Banco de Vizcaya, Banco Exterior de España and the state-owned Caja Postal de Ahorros, with other minor entities. BBVA is the second largest bank in Spain and 7th largest financial institution in the Western world with a market capitalization of over 61 billion €. The bank has recently focused on overseas expansion, and now operates in 40 countries. Like many other Spanish companies, it enjoys a dominant position in Spanish-speaking Latin American countries. It also has a presence in many Mediterranean countries, especially Portugal and Italy, and has announced its intention to expand into the United States and in Asia.
- Name:
- Grupo BBVA
- Type:
- Public (NYSE: BBV, , )
- Location:
- Bilbao, Spain
- Founded:
- 1999
- Stock Symbol:
- BBV
- Industry:
- Financial services
- Key People:
- Francisco González , José Ignacio Goirigolzarri
- Products:
- Banking, insurance, asset management
- Operating Income:
- €6.151 billion
- Net Income:
- €5.020 billion
- Assets:
- €542.7 billion
- No. of Employees:
- 111,940
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