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Originally Posted by N90
I shared that BBVA link because there was something interesting in it. In the article BBVA claimed that over half their revenue and business comes from Texas.
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I found this little nug when I was noodling around on their wikipedia page:
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On August 21, 2009, in a Federal Deposit Insurance Corporation-supervised transaction, BBVA Compass acquired the deposits and other core assets of Guaranty Bank of Austin, Texas, which suffered from bank failure. The deal gave BBVA Compass a presence in California and expanded an existing presence in Texas.[12]
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https://en.wikipedia.org/wiki/BBVA_USA
They've actually got a lot of touch in Austin, turns out. Not an entirely unnatural fit if they wanted to centralize ops in TX.