The International Accounting Standards Board convened a meeting this week to discuss its approach to adding new projects to its work plan, along with ongoing projects on the equity method of ...

Shares in BBVA fell on Wednesday, after the Spanish bank said hyperinflation accounting at its Turkish unit Garanti would erode its contribution in 2022. BBVA, which has an 86% stake in Garanti, said ...

"In a nutshell, due to the abrupt devaluation of the Argentine peso in late December, accounting rules required us to record a non-cash negative impact on our 4Q23 and full year 2023 earnings. But ...

Link Securities | Expansión reports today that BBVA has been forced to write down the value of Garanti, its subsidiary bank in Turkey, in its annual accounts ...