The Spanish bank has changed the management of its equity derivatives structured products business as it moves towards a ‘factory’ approach.

The arrival of Roberto Vila, the former global head equity markets and commodities (EMC) at Commerzbank in London, as global head of equity, BBVA Corporate & Investment Banking, in September 2019, triggered several changes at a business and senior management level. He was charged with expanding global growth plans for the equity product within the bank. Vila brought with him two former Commerzbank bankers including Nicolas Allano, a managing director in derivatives trading and Clémen

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