Wholesale Banking & Asset Management compromises the Group´s entire wholesale business around the world. This business unit is a comprehensive supplier of high added-value products to BBVA’s global customers, both institutional investors and large international corporations. Additionally, close collaboration with the other business areas allows the products designed in wholesale banking to be distributed to BBVA’s retail customers.
The Wholesale Banking & Asset Management area has a sound business model which allows to generate recurrent income and create sustainable value.
A strategy based on three main lines:
1. Clear client focus, seeking recurrent income and higher returns.
2. Investment in talent, with specialist teams, and technology – two key factors for offering customers a product that truly provides value.
3. Controlled risk management, thanks to a well-diversified business portfolio and a business model based on customer franchise.
The Wholesale Banking & Asset Management unit employs around 4,000 staff in 25 countries across four continents (3.3% of BBVA’s total headcount) and is a sound provider of recurrent income for the Group.