Capital thinking

Manuel Méndez del Río, global head of risk management at Spanish giant Banco Bilbao Vizcaya Argentaria, wants to position his bank at the forefront of risk management expertise – not just among its Spanish peers, but globally. BBVA aspires to be one of the first global banks to qualify for the Basel II capital Accord’s advanced approaches to regulatory capital calculation.This is no mean feat for a bank created just three years ago, when Banco Bilbao Vizcaya (BBV) merged with Argentaria. BBV