BBVA México

CME Group Launches Clearing Service for Mexican F-TIIE Overnight Index Swaps

Retrieved on: 
Tuesday, February 20, 2024

CHICAGO, Feb. 20, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that nine market participants have cleared over-the-counter (OTC) Mexican Overnight Funding Rate (F-TIIE) index swaps since the company launched its clearing service on February 5.

Key Points: 
  • CHICAGO, Feb. 20, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that nine market participants have cleared over-the-counter (OTC) Mexican Overnight Funding Rate (F-TIIE) index swaps since the company launched its clearing service on February 5.
  • Market participants who have already cleared these swaps through CME Group include Banorte, BBVA, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, and Santander.
  • "Our new swaps clearing service provides critical infrastructure for clients navigating the F-TIIE benchmark transition," said Agha Mirza, CME Group Global Head of Rates and OTC Products.
  • For more information on clearing F-TIIE index swaps at CME Group, please visit https://www.cmegroup.com/articles/2023/transition-from-28d-tiie-to-tiie-... .

DGAP-News: Annual General Meeting of Aareal Bank AG elects six new Supervisory Board members

Retrieved on: 
Wednesday, August 31, 2022

Wiesbaden, 31 August 2022 At today's virtual ordinary Annual General Meeting, Aareal Bank AGs shareholders elected Henning Giesecke, Denis Hall, Barbara Knoflach, Hans-Hermann Lotter, Marika Lulay and Jos Sevilla lvarez as new members of the Supervisory Board.

Key Points: 
  • Wiesbaden, 31 August 2022 At today's virtual ordinary Annual General Meeting, Aareal Bank AGs shareholders elected Henning Giesecke, Denis Hall, Barbara Knoflach, Hans-Hermann Lotter, Marika Lulay and Jos Sevilla lvarez as new members of the Supervisory Board.
  • The new Supervisory Board members replace the court-appointed members, Holger Giese, Friedrich Munsberg, and Dr Ulrich Theileis who have left the Supervisory Board at their own request, as did Jana Brendel and Elisabeth Stheeman.
  • Chairman of the Supervisory Board, Prof. DrHermann Wagner, and Sylvia Seignette will remain in office as shareholder representatives to the Supervisory Board.
  • More information about this year's Annual General Meeting, and on the new Supervisory Board members, as well as the detailed voting results, will be published shortly on Aareal Bank AGs website .

RevoluGROUP Canada Inc. RevoluPAY And U.S Bank PNC Initiate Relationship

Retrieved on: 
Monday, June 14, 2021

It is the 4th largest bank by the number of branches, surpassing Suntrust (Truist) Bank since the BBVA USA acquisition.

Key Points: 
  • It is the 4th largest bank by the number of branches, surpassing Suntrust (Truist) Bank since the BBVA USA acquisition.
  • On June 1st, 2021, its merger with BBVA USA closed, and it became the 7th largest U.S bank by assets.
  • Company CEO Steve Marshall commented: "We are excited about our future relationship with our new partners PNC.
  • As previously stated, the relationship could allow RevoluPAY to issue a new multicurrency payment card supplanting the current Euro-based RevoluPAY debit card .

BBVA USA Head of Engineering Kevin McMahon named 2021 AlabamaCIO ORBIE Award winner for Large Enterprise Category

Retrieved on: 
Wednesday, June 9, 2021

BIRMINGHAM, Ala., June 9, 2021 /PRNewswire/ -- On June 4, AlabamaCIO announced the winners of its 2021 CIO of the Year ORBIE Awards.

Key Points: 
  • BIRMINGHAM, Ala., June 9, 2021 /PRNewswire/ -- On June 4, AlabamaCIO announced the winners of its 2021 CIO of the Year ORBIE Awards.
  • BBVA USA Head of Engineering Kevin McMahon was named the ORBIE Award winner for Large Enterprise, or those with over $1 billion in annual revenue.
  • "Kevin's tenure in BBVA USA's Engineering organization is long, and he's participated in some of the bank's highest profile projects over the years," said BBVA USA President and CEO Shane Clanton.
  • Winners are selected based on:
    Other AlabamaCIO ORBIE Award winners include:
    Curt Carver, VP & CIO, University of Alabama at Birmingham, Leadership CIO of the Year ORBIE Recipient.

Banco BBVA Argentina S.A. announces First Quarter 2021 results

Retrieved on: 
Wednesday, May 26, 2021

BUENOS AIRES, Argentina, May 26, 2021 /PRNewswire/ --Banco BBVA Argentina S.A. (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) ("BBVA Argentina" or "BBVA" or "the Bank") announced today its consolidated results for the first quarter (1Q21), ended on March 31, 2021.

Key Points: 
  • BUENOS AIRES, Argentina, May 26, 2021 /PRNewswire/ --Banco BBVA Argentina S.A. (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) ("BBVA Argentina" or "BBVA" or "the Bank") announced today its consolidated results for the first quarter (1Q21), ended on March 31, 2021.
  • As of January 1, 2020, the Bank started to inform its inflation adjusted results pursuant to IAS 29 reporting.
  • BBVA Argentina's inflation adjusted net income in 1Q21 was $3.0 billion, 50.8% greater than the $2.0 billion reported in the first quarter of 2020 (1Q20).
  • As of 1Q21, BBVA Argentina reached a regulatory capital ratio of 22.4%, entailing a $69.2 billion or 173.3% excess over minimum regulatory requirement.

BBVA Argentina announces First Quarter 2021 Financial Results Schedule

Retrieved on: 
Thursday, May 13, 2021

b'Banco BBVA Argentina (NYSE, BYMA, MAE: BBAR; LATIBEX: XBBAR) is a subsidiary of the BBVA Group, the principal shareholder since 1996.

Key Points: 
  • b'Banco BBVA Argentina (NYSE, BYMA, MAE: BBAR; LATIBEX: XBBAR) is a subsidiary of the BBVA Group, the principal shareholder since 1996.
  • In Argentina, it is one of the leading private financial institutions since 1886.
  • The institution rests in solid values: "Customer comes first, we think big and we are one team".
  • At the same time, its responsible banking model aspires to achieve a more inclusive and sustainable society.\n'

Cara Younger named to American Banker's Most Powerful Women in Banking: Next

Retrieved on: 
Thursday, May 6, 2021

b'HOUSTON, May 6, 2021 /PRNewswire/ -- BBVA USA Executive Director of Syndicated Finance Origination Cara Younger was named to American Banker\'s Most Powerful Women in Banking: Next.

Key Points: 
  • b'HOUSTON, May 6, 2021 /PRNewswire/ -- BBVA USA Executive Director of Syndicated Finance Origination Cara Younger was named to American Banker\'s Most Powerful Women in Banking: Next.
  • My role in that effort allowed me to help one of the bank\'s core clients with its biggest and most complex acquisitions in its history," said Younger.
  • "\nAs the first underwriting of an institutional term loan in the US and largest transaction of its kind for BBVA, Younger also laid the groundwork for future deals.
  • The institution rests in solid values: Customer comes first, we think big and we are one team.

BBVA USA hosts third Financial Education Forum, releases first impact report

Retrieved on: 
Monday, April 5, 2021

HOUSTON, April 5, 2021 /PRNewswire/ -- As part of its ongoing commitment to financial education, BBVA USA hosted its third annual Financial Education Forum, a virtual event designed to provide insight on the state of financial health in the U.S.

Key Points: 
  • HOUSTON, April 5, 2021 /PRNewswire/ -- As part of its ongoing commitment to financial education, BBVA USA hosted its third annual Financial Education Forum, a virtual event designed to provide insight on the state of financial health in the U.S.
  • The Forum, attended by leaders of nonprofit organizations partnering with the BBVA Center for Financial Education, focused on the key findings for the prior year, highlighting the overall improvement in financial health in America.
  • "The information shared by the Financial Health Network clearly demonstrates the importance of the work we're doing through our Center for Financial Education," said Tony Moraga, Manager of Social Impact at BBVA USA.
  • BBVA also released its 2020 Impact Report, published by the Center for Financial Education, which demonstrates the effectiveness of the bank's financial education program and its clear alignment with current financial trends in the U.S.
    For more BBVA news visit, www.bbva.com and the U.S. Newsroom .

Banco BBVA Argentina S.A. announces 2020 annual results

Retrieved on: 
Tuesday, March 9, 2021

BUENOS AIRES, Argentina, March 9, 2021 /PRNewswire/ -- Banco BBVA Argentina S.A (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) ("BBVA Argentina" or "BBVA" or "the Bank") announced today its consolidated results for the fourth quarter (4Q20) and fiscal year ended on December 31, 2020.

Key Points: 
  • BUENOS AIRES, Argentina, March 9, 2021 /PRNewswire/ -- Banco BBVA Argentina S.A (NYSE; BYMA; MAE: BBAR; LATIBEX: XBBAR) ("BBVA Argentina" or "BBVA" or "the Bank") announced today its consolidated results for the fourth quarter (4Q20) and fiscal year ended on December 31, 2020.
  • As of January 1, 2020, the Bank started to inform its inflation adjusted results pursuant to IAS 29 reporting.
  • BBVA Argentina's inflation adjusted net income in 2020 was $12.0 billion, 38.9% lower than the $19.7 billion reported in 2019.
  • As of 4Q20, BBVA Argentina reached a regulatory capital ratio of 20.2%, entailing a $57.1 billion or 147.1% excess over minimum regulatory requirement.

BBVA Argentina Announces Fourth Quarter 2020 Financial Results Schedule

Retrieved on: 
Tuesday, February 23, 2021

Banco BBVA Argentina (NYSE, BYMA, MAE: BBAR; Latibex: XBBAR) is a subsidiary of the BBVA Group, the principal shareholder since 1996.

Key Points: 
  • Banco BBVA Argentina (NYSE, BYMA, MAE: BBAR; Latibex: XBBAR) is a subsidiary of the BBVA Group, the principal shareholder since 1996.
  • In Argentina, it is one of the leading private financial institutions since 1886.
  • Nationwide, Banco BBVA Argentina offers retail and corporate banking to a broad customer base, including: individuals, SME's, and large-sized companies.
  • Banco BBVA Argentina's purpose is to bring the age of opportunities to everyone, based on our customers' real needs, providing the best solutions, and helping them make the best financial decisions, through an easy and convenient experience.