Market Chatter: Banco Bilbao Vizcaya Argentaria Plans to Establish Brokerage in Japan

MT Newswires Live
Feb 20

Banco Bilbao Vizcaya Argentaria (BBVA) intends to establish a brokerage in Japan as part of its global expansion efforts, Bloomberg reported Wednesday, citing people familiar with the matter.

The Spanish bank plans to start a local securities subsidiary by the end of 2026, subject to approval by Japan's Financial Services Agency, sources told the media outlet.

The brokerage will target institutional clients such as regional banks and insurers, and seek to capture Japanese demand for investments linked to US project finance loans, according to the report.

BBVA did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 23.08, Change: -0.41, Percent Change: -1.75

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10