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  • BBVA Chile investing US$275mn

    9/30/13
    Spanish bank BBVA (NYSE: BBVA) is investing US$275mn in its Chilean operations as part of the US$2.5bn the company plans to invest in South America by 2016, BBVA Chile general manager Manuel Olivares was quoted as saying by local...

  • BBVA Colombia invests US$5.3mn in H1

    9/26/13
    Spanish bank BBVA (NYSE: BBVA) has invested close to 10bn pesos (US$5.3mn) to open 13 new offices in 12 Colombian cities during the first half of 2013, the bank said in a release The investments are part of a total of US$2.5bn the...

  • Brazil's bounced checks rise in July

    8/19/13
    Brazil's percentage of bounced checks averaged 2.03% in July, up from 1.94% in June and 2% in July 2012, according to a report by credit research firm Serasa Experian. Bounced checks averaged 2.07% in January-July this year,...

  • Citi's Concha steps down after 27 years

    8/12/13
    After 27 years, Citi (NYSE: C) executive Fernando Concha has decided to leave the US bank to explore other professional opportunities, effective September 15. Throughout his career, Concha held positions in Citi including corporate ...