Best Private Banking Services Overall Net-worth-specific services: Mega HNW (>$250m) UHNW (>$30mln-$250mln) HNW ($5mln-$30mln) Super Affluent ($1mln-$ 5mln) Capital Markets and Advisory ESG/Impact Investing Family Office Services International Clients Investment Management Next Generation Philanthropic Advice Research and Asset Allocation Advice Serving Business Owners Data Management and Security Innovative or Emerging Technology Adoption

With falling rates in Europe and the US, and Turkey still in trouble, only Latin America – especially Mexico – can keep up BBVA’s spirits.

Spanish bank profitability will sink even further as left-wing populists Podemos enter a coalition with the socialist party, making a private-sector future for Bankia ever more remote.

European bank shares have sunk to levels not seen since 2008, and even some of the region’s bank CEOs admit it is hard to make a compelling investment case for them. Euromoney speaks to the people at the top about their potential to re-emerge as global leaders.

European banks don’t have a continental market, right? Wrong. Even if they cannot do full-blown mergers, the cross-border consolidation of specific business lines offers a way of gaining some of the economies of scale that US and Chinese banks enjoy.

Latin America’s best bank for sustainable finance this year is BBVA.

As trade disputes between China and the US continue, Latin America has been caught in the middle. Countries across the continent have been forced to choose whether they trade with their American neighbour or their Asian partner.

Garanti BBVA sets a high standard for banking – it is a founding member of the UN’s principles for responsible banking – and this year wins the award for the best bank for corporate responsibility in central and eastern Europe.

Ever-larger investments in digital banking have been an important part of European banks’ efforts to cut costs. At the same time, digital banking is central to their attempts to establish a growth story.

Financial inclusion is only useful if it creates long-term financial health and security. BBVA is committed to ensure that it does through its research and education programmes.

Argentina Best Bank

DBS named world’s best bank in Euromoney Awards for Excellence 2019; JPMorgan is the world’s best investment bank; Erste’s Treichl recognized as banker of the year.

Digital banking blurs boundaries.

As Carlos Torres Vila and Onur Genc take over, BBVA’s markets may still surprise more than its strategy.

Large numbers of domestic retail shareholders mean that public ill-will in Spain hurts Santander and BBVA just as much as other more domestic-focused lenders.

Markets take Andrés Manuel López Obrador (Amlo) victory in stride; analysis shows Santander could outperform under next administration.

What is striking about BBVA’s operations in Latin America is how the bank is willing adapt to regional demands. At a time when its Spanish operations are grappling with the arrival of open banking and real-time payments, the bank knows that having staff on the ground in Latin America is the main concern of its customers.

Argentina

BBVA Bancomer

Sale of non-core assets could help bolster its balance sheet and open up new options

GDP growth expected to drive acceleration in credit demand; Santander Chile’s CFO expects BBVA to sell to Scotia.

New banking law looks set to require BBVA to add capital; deal would transform Scotiabank in key Pacific Alliance market.

Volume key for profitability as banking market normalizes; flurry of equity deals to fuel M&A and organic growth.

Choosing the winner of the best bank for transaction services in Latin America was difficult. The shortlisted banks – BBVA, Citi and BAML – all demonstrated real growth and innovation in working within this politically and economically diverse region.