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[SITUATION] · [ACTIVE] · [BUSINESS]

2 clusters · 3 sources · 21 days · First seen · Last updated

BBVA Global Wealth service expansion

Overview

BBVA has implemented the Global Wealth model to enhance its wealth management and advisory services. The initiative began with BBVA México introducing a structure divided into three segments: Premium Banking for wealth-building, Private Banking for asset consolidation, and Ultra High Net Worth services for complex international financial structures.

Following this rollout, BBVA expanded its investment service reach in Spain. The bank reported surpassing 100,000 multi-strategy portfolios through its Premium Banking service. These portfolios utilize an active management system where specialized teams, including BBVA Asset Management and BBVA Research, adjust investments based on market conditions and specific client risk profiles.

Entities

BBVA Asset Management · BBVA Research · Spain · BBVA México · Salvador Sandoval Tajonar

Timeline

  1. [BUSINESS] 3 sources
    BBVA expands investment services in Spain

    BBVA's Premium Banking service in Spain has exceeded 100,000 multi-strategy portfolios, offering personalized wealth management through specialized teams and digital tools.

  2. [BUSINESS] 2 sources
    BBVA México launches Global Wealth to expand high-net-worth client base

    BBVA México launched its Global Wealth model, aiming to grow its high-net-worth client base from 180,000 to 240,000 by 2029 through specialized banking segments.

Sources

elcorreoweb.es · empleo.com · que.es