BBVA looks to Taiwan for growth
Spain's second biggest bank after Grupo Santander said it hopes the branch will be up and running during the first quarter of 2011, after obtaining approval from the Financial Supervisory Commission. For Taiwan, it plans to focus on its global markets business, which includes offering treasury services to institutional asset managers, Taiwanese banks and insurers, corporate banking services and trade finance, said Manuel Galatas, managing director for Asia at BBVA in Hong Kong.
"We have
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