Searcher
María Rocamora
María Rocamora
Senior Economist

María Rocamora has been working for BBVA Research’s Financial Systems Unit since 2017.


Between 2016 and 2017 she worked for BBVA’s Accounting & Supervisors Department as an International Financial Reporting and Banking Standards (IFRS) Analyst, where she was involved in IFRS implementation, impact evaluation and post-implementation regulatory analysis tasks, among other things.


Previously, María worked for PricewaterhouseCoopers on projects for Spanish credit entities and public institutions from the banking sector. She studied Business Management and Law at the Universidad Complutense de Madrid, where she won best student awards, and did an internship at the Bank of Spain and with the Department of Applied Economy II of the Universidad Complutense. She also has a Master's Degree in Auditing and Accounting from the Universidad Complutense’s School of Financial Studies (CUNEF).

Latest publications

Following the financial crisis that led to a European sovereign crisis in 2012, the European Commission developed a roadmap for the creation of the banking union, based on three key pillars: the Single Supervisory Mechanism (SSM), the Single Resolution Mechanism (SRM) and the Deposit Guarantee Scheme (DGS).
Under BRRD 2, European banks’ MREL deficit is €112bn (63% attributable to O-SIIs and non-systemic banks) and €188bn lower than 2018 results, mostly explained by issuances of €194bn during 2018–2019. Erosion of profitability is now critical, with interest expense increasing 2.3-3.2%. Basel IV significantly increase needs.
Leveraged loans are granted to entities with considerable amounts of debt, that is, according to the European Central Bank (ECB), those with a debt-to-income ratio before interest and tax of more than four.