Banco BBVA Argentina: Caution Warranted Ahead Of More ‘Shock Therapy’ (NYSE:BBAR)

Natalia SO/iStock Editorial via Getty Images The “shock therapy” has begun in Argentina following new President Javier Milei’s election victory. Alongside a significant cutback in fiscal spending, the new administration also unveiled a one-off devaluation of the peso to ARS800 per dollar – about in line with the parallel rate. While positive for corporates with…

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BBVA Switzerland Moves Digital Asset Operations to Ripple’s Metaco

Alfonso Gómez, CEO of BBVA Switzerland, believes the collaboration with Ripple will keep the two firms ahead of the market. BBVA Switzerland has expanded its strategic partnership with Ripple-owned Metaco. Metaco made the announcement on Wednesday via social media. Per the announcement, BBVA Switzerland successfully migrated its digital asset operations to Metaco’s custody platform, Harmonize….

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