Market Chatter: Banco Bilbao Vizcaya Argentaria Expands US Investment Banking Presence With Miami Office

MT Newswires Live09-25

Banco Bilbao Vizcaya Argentaria (BBVA) plans to open a new Miami office focused on investment and corporate banking as it expands its US operations, Bloomberg reported Friday, citing unnamed people familiar with the matter.

The bank is seeking regulatory approvals for the new office, which could eventually house dozens of employees, according to the report.

Banco Bilbao did not immediately respond to MT Newswires' request for comment.

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