BBVA
Video: Structured Products Europe 2010 Award Winners Interviews
Video: Structured Products Europe 2010 Award Winners Interviews
Best in Spain
Best in Spain
CDS spreads tighten across the eurozone for sovereigns, banks and non-financial companies
Tightening continues on eurozone CDS spreads in a sign of improving market confidence
Spanish banks prepare for refinancing risk as CDSs blow out
Refinancing risk increases for Spanish banks as credit default swap (CDS) spreads widen dramatically for a third day running.
Sovereign debt and LatAm-related hedging key for Spanish dealers
Winners of the Risk España dealer rankings explain how hedging related to sovereign debt issuance and Latin America will be key revenue sources in 2010.
Risk Espana rankings 2010
Changing of the guard
Bank of Spain denies Spanish banks are delaying losses by acquiring NPAs
The Bank of Spain defends Spanish banks' hands-on risk management of non-performing assets related to the property sector.
Problem banks rise to highest level since 1994
The list of problem banks maintained by the Federal Deposit Insurance Commission (FDIC) has soared to 416, the highest level since 1994.
European banks report modest Q2, despite increased provisioning
Top Spanish, German and Swiss banks have reported modest gains in the second quarter, although their profits have been constrained by an increase in non-performing loans and loan loss provisioning.
Correlation: Alternative realities
Correlation: Alternative realities
Accounting boards: Spain's dynamic provisioning not the way forward
International accounting standard setters have warned that accounting for dynamic provisioning – rainy-day funds banks build up in good times to absorb losses in economic downturns – should not be recorded against profit and loss (P&L), as it is in Spain.
Spanish sensibility
BBVA's global head of operational risk, Jordi Garcia, takes a pragmatic, hands-on approach to managing the Spanish bank's op risk. Duncan Wood talks to this veteran of the industry about the unique quality of Spanish loss data, Basel II and life at the…
BBVA poaches Isla from BarCap
BBVA has hired Lorenzo Isla from Barclays Capital as head of credit derivatives structuring. Isla will be based in Madrid. He joined from Barclays Capital in London, where he was head of structured credit strategy.
Domestic banks continue to dominate Spanish market
The Spanish derivatives market remains dominated by local banks, with Banco Bilbao Vizcaya Argentaria (BBVA) topping Risk España's annual rankings for the third year running.
iTraxx credit-linked notes launched
International Index Company, the Frankfurt-based firm that administers the European and Asian iTraxx credit derivative indexes, has launched three five-year iTraxx credit-linked notes.
A Spanish power struggle
A takeover bid by gas distributor Gas Natural for power utility Iberdrola may provide the impetus for much-needed competition in the Spanish energy market. But the bid has upset many traditional links in politics, finance and business. By Maria Kielmas
BBVA selects Asset Control for Europe, Latin America
Spanish bank BBVA, formed by the merger of Banco Bilbao de Vizcaya and Argentaria in 2000, has selected Asset Control to provide infrastructure to centralise and monitor the control of pricing and reference data for its risk management department.
ORX loss database operational by the end of the year
FRANKFURT, GERMANY - The Operational Riskdata eXchange Association (ORX), a not-for-profit venture to pool op risk loss data resources, expects its operational risk database to be operating by the end of 2002, Fred Peemoeller, chief risk officer,…
Capital thinking
Manuel Méndez aims to have BBVA among the first to qualify for Basel II’s advanced risk capital approaches.