Banco Bilbao Vizcaya Argentaria SA (BBVA.MC)
23 Sep 2020
Wed, Sep 23 2020
* Expects core capital ratio to be above its target by year-end
* Caixabank/Bankia merger plan kicks off new consolidation wave
* Shares fall 5% (Breaks down the data, adds details and share price)
* BBVA books Q1 loss of 1.79 bln euros, suspends 2020 dividend
* SAYS Q1 COVID-19 IMPAIRMENT NET OF TAXES AND NON-CONTROLING INTERESTS AT -966 MILLION EUROS CORRESPONDING TO GROSS AMOUNT OF -1.46 BILLION EUROS
MUNICH/MADRID, April 27 German insurer Allianz has struck a deal to invest in the bancassurance business of Spanish lender BBVA, the companies said on Monday, confirming an earlier report by Reuters.
MUNICH/MADRID, April 27 German insurer Allianz has struck a deal to invest in the bancassurance business of Spanish lender BBVA, two sources close to the matter told Reuters, adding that an announcement could come as early as Monday.
MADRID, March 30 Spain's BBVA on Monday said its senior management, including chairman Carlos Torres and chief executive Onur Genç, will forego any bonus for 2020 as part of the lender's effort to help mitigate the impact from the coronavirus.