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Tag: BBVA
Banks Have Officially Lost to Crypto Says Former JPMorgan and BBVA Executive
Category: Altcoins, Bitcoin, Blockchain, Business, Finance, News
Salvador Casquero, former JPMorgan Head of Scandinavian Interest Rates Trading and Head of FX Sales at BBVA, two of the largest banks in the world, has said that banks have officially lost the race of finance to crypto and rapidly emerging fintech companies. Fintech Takes Over Banks For decades, banks like JPMorgan, Goldman Sachs, BBVA, and Citibank have had absolute…
BBVA Invests US$67 Million In UK Mobile-Only Atom Bank
Atom, the UK’s first digital bank, has closed a £85 million (US$128 million) funding round led by BBVA, Spain’s largest financial institution. BBVA has agreed to invest £45 million (US$67 million) for 29.5% stake in Atom, which is set to launch in early 2016. “We have long admired BBVA’s vision and leadership,” Mark Mullen, Atom’s CEO and the former chief…
