08:06 AM EDT, 05/29/2024 (MT Newswires) -- Banco Bilbao Vizcaya Argentaria ( BBVA ) is boosting its Houston office as it intends to make the city a sustainability business hub, Bloomberg reported Wednesday, citing unnamed sources familiar with the plan.

The company has already relocated some employees from its Madrid headquarters, the report added, citing the people.

The Spanish lender also plans to hire local staff, the report said, citing one of the sources.

Banco Bilbao did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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