Op risk data: Corporate spies spell trouble for BBVA
Also: BofA buttonholed for alleged Epstein links; minority shareholders take a bite of Brookfield. Data by ORX News
BBVA incurred March’s largest loss, when Spain’s anti-corruption prosecutor ordered the bank to pay €181.8 million ($209.3 million) in a corporate espionage charge. Between 2004 and 2016, BBVA allegedly hired private investigation agency Cenyt – owned by disgraced former police commissioner José Manuel Villarejo – to illegally spy on politicians, journalists and businesspeople – in one case with
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