Sheila Garrard
![Sheila Garrard](/assets/img/authors/unknown.jpg)
Sheila Garrard
respond
I think they have to respond and I think they have to respond with cash.
adequacy although capital dealing operating position progress quality slightly trend
The operating trend is as I expected, although revenues are of slightly better quality. But it's disappointing that they haven't made progress in dealing with the capital adequacy position at this stage.
currently focused links looks mexican priorities trying
This one looks very unlikely. BBVA is currently focused on trying to get (Italy's) BNL. Its priorities after that are in the (southern) U.S. for links with its Mexican business.