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View the Euromoney 25 |
Capital-boosting asset sales in the autumn of 2017 were welcome news for BBVA’s investors, especially given its exposure to the new geopolitical hotspots.
The bank certainly has an unusual array of political headaches.
President Donald Trump’s revision of trade and immigration policy could hurt its biggest business in Mexico and along the border, where BBVA’s US operations are concentrated. In Turkey, where it increased its stake in Garanti to almost 50% in 2017, politics is also shaking relations with key trading partners.
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