It is rare, even unique, for a bank’s global head of sustainability to simultaneously act as its head of corporate and investment banking (CIB). In an interview with Euromoney, BBVA’s Javier Rodríguez Soler explains why it makes sense.
Sustainable finance is the prime area in which the firm is seeking to compete in CIB, especially outside Spain and Latin America, where it owns retail banks. That marks out the firm from some of its European peers, including Banco Santander, which are competing in a broader range of business in the US, for example.
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