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July 2007

Investment banking: BBVA establishes a structured credit business




Lorenzo Isla: appointed head of the structured credit business at BBVA

Lorenzo Isla has been appointed head of the structured credit business at BBVA. Based in Spain, Isla will build out a business that will structure, invest in and distribute structured credit risk. Isla worked for Barclays Capital for the past three years where he was head of the structured credit research team. He starts at the end of August and will work from Barcelona and Madrid.


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If you don’t fully understand an instrument, don’t buy it. If you would not buy for yourself a specific product, don’t try to sell it. If you don’t know very well your customers, don’t lend them any money. If you do all these things, you will be a better banker, my son

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