Changes at BBVA’s Management Committee: Juan Asúa will be head of CIB and Jaime Sáenz de Tejada will lead Spain & Portugal
José Barreiro is stepping down from his executive functions at BBVA for personal reasons although he will maintain links with the Group. Juan Asúa will take over as head of Corporate & Investment Banking. Jaime Sáenz de Tejada will fill Mr. Asúa’s previous position as head of Spain & Portugal and will join the management committee. The changes ensure continuity of the management model at the Spain & Portugal unit and at CIB.
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BBVA Research: 2012 recession not escalating, while reforms underway, although requiring intensification, should pave the way for faster growth 09-05-12BBVA Research’s latest estimates point to a GDP contraction of 1.3% this year
BBVA earns ¤1.005 billion in the first quarter 25-04-12BBVA’s profit exceeds that of the two previous quarters. Risk indicators remained stable for the ninth consecutive quarter
Francisco González: “We will exit the crisis through greater fiscal, financial and economic integration in Europe” 23-04-12At the 6th ABC-Fundación Euroamérica BBVA Conference, BBVA Chairman and CEO stated that the crisis in Europe has not yet been resolved
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