March 1, 2022 |
Spanish lender BBVA said it has received authorization from Chilean financial regulator CMF to open an office in the Andean country to offer corporate and investment banking services.
The office will be overseen by Felipe Serani Dagaorret, who has 15 years of experience and previously worked at HSBC in Chile before it was sold to Scotiabank for $2.2 billion in 2018. Serani also worked at Scotiabank, according to BBVA.
BBVA said it will seek business in corporate finance, project finance, M&A
Spanish bank to offer investment banking services three years after selling its local retail business