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BBVA to Aim for Double Investment Bank Revenue in New Strategy

BBVA to Aim for Double Investment Bank Revenue in New Strategy

Bloomberg12-03-2025

BBVA SA will aim to double revenue in its Corporate and Investment Banking unit as part of a new strategy it's set to present later this year, according to people familiar with the matter.
The Spanish lender is likely to say it wants to achieve the new CIB revenue goal in the year 2029 and the increase will be compared to last year's level, when it was €5.8 billion, the people said. The growth push will be underpinned by fresh hiring and include a plan to substantially boost the size of BBVA's Brazil office, they said, asking not to be identified discussing the private information

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