- Jul 30
BBVA overhauls executive team with new Mexico head and CFO as it pivots to artificial intelligence
Carlos Torres and Onur Genç promote internal talent to nine key posts, including Mexico country manager and group CFO, as the Spanish bank targets a 35% efficiency ratio.
- Jul 1
BBVA slashes historic Telefónica stake to under 2%, ending three decades as core shareholder
The Spanish bank sold more than half of its holdings, reducing its stake from 5% to 1.96% in a roughly €600 million transaction, ending a three-decade presence on the telecom's board.
- Jun 22
BBVA president denies mortgage collusion as Spain's competition watchdog probes six largest banks
Carlos Torres, president of BBVA, said the bank does not adjust its mortgage pricing based on competitors' public remarks, after Spain's competition authority opened an investigation into possible collusion among the six largest lenders.