BBVA picks up Santander vet for liability management

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BBVA picks up Santander vet for liability management

BBVA_Bank_AP_230x150
A man walks past the entrance of Spain's BBVA bank headquarters in Madrid, Monday, Dec. 15, 2008. BBVA, Spain's second-largest bank, reported its own exposure amounted to up to euro 300 million ( dlrs 405 million U.S.) through indirect investments linked to Madoff, while BBVA clients stand to lose another euro 30 million (dlrs 40.5 million U.S.) the bank said in a statement Monday.(AP Photo/Daniel Ochoa de Olza) | DANIEL OCHOA DE OLZA/ASSOCIATED PRESS

BBVA has hired a former MTN banker at Santander as a director in its liability management team.

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