# BBVA corporate restructuring and division split

> Live situation record from CLSTR: https://clstr.news/situations/bbva-corporate-restructuring-and-division-split
> Updated: 2026-09-04T12:16:56.000Z. Sources: 6. Developments: 2.

BBVA has undergone a significant structural reorganization of its operations. Initially, the bank restructured its Corporate & Investment Banking (CIB) division to accelerate corporate business, involving internal promotions and expanded executive responsibilities following a management committee review in July.

This evolution led to a broader implementation of a dual-structure model, effectively splitting the bank into two distinct divisions: retail banking and wholesale banking (CIB). Under this new model, Onur Genç leads the retail division as CEO, while Javier Rodríguez Soler heads the CIB division, which covers investment, corporate, and certain wealth management activities. 

Alongside these leadership and structural shifts, BBVA reported a substantial increase in Spanish assets during the second quarter of 2026, narrowing the gap with domestic competitors Santander and CaixaBank.

## Timeline

### 2026-09-04: BBVA restructures into retail and wholesale divisions

BBVA is restructuring into retail and wholesale banking divisions while reporting a 5,000 million euro increase in Spanish assets, intensifying competition with Santander and CaixaBank.

3 sources. https://clstr.news/cluster/bbva-restructures-into-retail-and-wholesale-divisions

### 2026-09-01: BBVA reorganizes investment banking division to accelerate corporate business

BBVA is reorganizing its Corporate & Investment Banking division through internal promotions to accelerate business growth following a significant increase in first-half profits.

3 sources. https://clstr.news/cluster/bbva-reorganizes-investment-banking-division-to-accelerate-corporate-business

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Cite as: BBVA corporate restructuring and division split. CLSTR, https://clstr.news/situations/bbva-corporate-restructuring-and-division-split