BBVA News and Press, Banco Bilbao Vizcaya Argentaria S.A. From 11/16/20

PNC and BBVA announced an agreement wherein PNC will acquire BBVA's U.S. banking operations for $11.6 billion. PNC becomes a truly national franchise, adding BBVA USA's seven-state footprint across the Sunbelt and growing its loan base by about 24%. BBVA USA has long been less eff...

Gainers: Maiden Holdings (MHLD) +27%, Banco Bilbao Vizcaya Argentaria (BBVA) +12%, Hallmark Financial Services (HALL) +12%, OFS Capital (OFS) +10%, Great Elm Capital Group (GEC) +10%.Losers: Dragon Victory International (LYL) -6%, FinVolution ...

The stock market was having a strong day Monday after yet another round of positive coronavirus vaccine data was announced. And just like we saw last week with the initial data from Pfizer (NYSE: PFE) , the financial sector is one of the best performers. Even so, Banco Bilbao ...

PNC Financial Services (NYSE: PNC) has agreed to acquire the U.S. banking arm of the Spanish lender Banco Bilbao Vizcaya Argentaria SA ( NYSE: BBVA) in an all-cash deal valued at $11.6 billion, the company announced Monday. The deal will create the fifth largest bank in ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Largest trade deal ever Fifteen countries that make up nearly a third of the world's population and gross domestic product formed the world's biggest tradi...

The PNC Financial Services Group (PNC) inks agreement to acquire BBVA USA Bancshares, the U.S. business of Spanish financial group Banco Bilbao Vizcaya Argentaria, S.A. (BBVA), including its U.S. banking subsidiary, BBVA USA, for a purchase price of $11.6B to be funded with cash on hand in a ...

BBVA sells U.S. subsidiary to PNC for $11.6 billion PR Newswire MADRID, Nov. 16, 2020 MADRID , Nov. 16, 2020 /PRNewswire/ -- BBVA has agreed to sell to PNC its subsidiary in the U.S. for $11.6 billion (€9.7 billion 1 ) in cash, an amount that...

PNC Announces Agreement To Buy BBVA USA Bancshares, Inc. Acquisition significantly accelerates PNC's national expansion strategy; creates nation's 5th largest bank by asset size PR Newswire PITTSBURGH, Nov. 16, 2020 PITTSBURGH , Nov. 16, 2020 /PRNewswire/...

PNC Financial (PNC) is in advanced talks to buy the U.S. arm of Spanish lender [[BBVA]] for more than $10B, in what would be one of the biggest bank tie-ups since the 2008 financial crisis, WSJ reports.The banks are discussing a combination that could be announced by tomorrow if the talks don...

BBVA Research publishes economic analysis: Strong November labor market report amid rising uncertainty - Plunging unemployment: After showing signs of slowing in September, the unemployment rate dropped to 6.9% in October - Increased participation: The labor force participat...