15 hrs ago
BBVA Compass posts $107M profit for 2Q
Now known as BBVA Compass, the bank remains a major employer in the area, but many top executives, including CEO Manolo Sanchez, now work out of Houston.
23 hrs ago
BBVA Net Falls 39% After Year-Earlier Gains From Sales
Banco Bilbao Vizcaya Argentaria SA , Spain 's second-biggest bank, said second-quarter profit fell 39 percent on real-estate losses and as year-earlier gains from asset sales weren't repeated.
BBVA profit falls sharply
Banco Bilbao Vizcaya Argentaria SA, Spain's No. 2 bank by market value, said Wednesday its second-quarter net profit fell to EUR704 million , down from EUR1.1 billion a year earlier.
BBVA wins auction for bailed-out Spanish lender
Banco Bilbao Vizcaya Argentaria SA , the Spanish parent of Birmingham's BBVA Compass, won an auction Monday night to purchase Spain's bailed-out Catalunya Banc for $1.6 billion.
Wall Street Journal
BBVA Says Catalunya Acquisition Shows Confidence
Banco Bilbao Vizcaya Argentaria SA's purchase of a bailed-out bank makes it the biggest lender in Spain by assets.
ECB Found as Too Timid by Many in Poll as Europe Worsens
International investors say the euro area's economy is in its worst shape in more than a year and in danger of dropping into deflation, with a central bank that many believe is not doing enough to help, according to a Bloomberg Global Poll.
At $54B, AbbVie's latest offer for Shire may get a deal done
Shire , the Dublin, Ireland-based pharmaceutical company that has its U.S. headquarters in Wayne, Pa., said Monday the new offer came following discussion between the two drug makers.
The Washington Post
Madrid's Government Water Supplier Planning Bond Sale Debut
Madrid water company Canal de Isabel II Gestion SA is planning its first bond sale as it seeks to take advantage of favorable terms in the public debt markets compared with bank financing.
These Birmingham banks rank among the world's largest
A few of the largest bank holding companies in the world also have a major presence in the Birmingham metro, according to a review of SNL Financial's ranking of the world's largest 100 banks by total assets.