Banco Bilbao Vizcaya Argentaria

BBVA cuts US investment jobs as revenue declines

Banco Bilbao Vizcaya Argentaria (BBVA) is cutting its investment banking workforce in New York. Photo: Bloomberg

Banco Bilbao Vizcaya Argentaria (BBVA), Spain's second-biggest bank, said it has eliminated 24 banking jobs from its New York office and has offered to transfer 40 others to Houston.

Saturday, 19 January, 2013, 5:12am

S&P cuts credit rating for Santander and Bilbao Vizcaya Argentaria banks

Graffiti reading "Guilty" sits on a wall next to an automated teller machine in Madrid. S&P has cut Spain's ratings. Photo: Bloomberg

Standard & Poor's cut its credit ratings on Banco Santander and Banco Bilbao Vizcaya Argentaria, Spain's biggest lenders, along with nine other banks after lowering the country's sovereign rating.

17 Oct 2012 - 2:59am

Citic Bank profit tops 4.2b yuan

China Citic Bank Corp, the country's seventh-largest lender, said first-quarter net profit was 4.2 billion yuan (HK$4.68 billion), driven by higher net interest income.

The bank did not give comparable figures as it listed in April last year and did not need to disclose earnings for the first quarter of last year.

30 Apr 2008 - 12:00am

Citic Bank warns rate rise to slow loan growth

China Citic Bank Corp, the mainland's eighth-largest lender, warned of slower loan growth after the central bank raised interest rates for the fourth time this year on Tuesday.

Citic Bank was adjusting its assets to ease the impact of the rate rise on profitability, chairman Chen Xiaoxian said yesterday in a post-results briefing.

24 Aug 2007 - 12:00am

Citic Bank sees 80pc jump in first-half profit

China Citic Bank, the mainland's eighth-largest bank, said its first-half net profit jumped by more than 80 per cent on increased lendings and intermediary income, as well as a widening net interest margin.

16 Jul 2007 - 12:00am

Spanish fund specially launched for widened foreign investor deal

Spanish bank Banco Bilbao Vizcaya Argentaria said it would launch a Madrid-based fund to invest European assets in the Shanghai stock market in a sign that global banks are gearing up to take advantage of an expanded qualified foreign institutional investor scheme.

27 Jun 2007 - 12:00am


Lawrence Tsong

General manager


Mr Tsong will be based in Hong Kong. He comes to TransUnion from United Overseas Bank where he was responsible for establishing and managing its credit card business. Before joining United Overseas Bank, Mr Tsong spent more than 10 years in the region with American Express.

Gavin Vercoe

26 Mar 2007 - 12:00am