JPMORGAN CHASE & Co. executives tried to reassure investors on Tuesday that the bank can thrive during times of market and economic stress, due to the sheer size and breadth of its global operations.

THE PESO succumbed to the P51 level against the greenback on Wednesday as investors continue to prefer safe-haven assets amid fears of a continued rise in cases of the coronavirus disease 2019 (COVID-19) outside China and a sell-off in the local stock market.

A BILL SEEKING to provide government financial regulators additional powers for “surveillance, examination, enforcement, adjudication, and rule-making” for the protection of financial consumers may be approved at the committee level before Congress adjourns on March 13.

THE CENTRAL BANK will grant regulatory relief to banks and quasi-banks (QBs) to help them cope with the adverse effects of the African Swine Flu (ASF) and the coronavirus disease 2019 (COVID-19) on several sectors.

SEOUL — South Korea’s central bank is expected to lower its policy rate to a record low on Thursday, the third cut in the current easing cycle, a Reuters poll showed, to offset the impact on Asia’s fourth-largest economy from the fast-spreading coronavirus.

NEW YORK — JPMorgan Chase & Co. executives are unlikely to provide new financial targets at the bank’s annual investor day on Tuesday, and instead will use the forum to showcase a clean-energy initiative, analysts said.

THE PESONET service may be able to process more than one settlement in a day within the year in a move to ramp up electronic transactions, PESONet Steering Committee Head John Cary L. Ong said, which is in line with the central bank’s drive to make the country cash-lite.

MASTERCARD, Inc. said on Monday its net revenue in the first quarter will take a hit of between 2% and 3% over its previous forecast if the coronavirus outbreak persists through the quarter.

THE PESO may continue to weaken in the coming days over continued risk aversion in the market due to the spread of the coronavirus disease 2019 (COVID-19) outside China and as markets await the release of key US data.

THE GOVERNMENT fully awarded the Treasury bills (T-bills) it offered on Monday after yields declined across all tenors on the back of strong demand.

FRANKFURT/RIYADH — For many people, the language of European Central Bank (ECB) policy makers is so impenetrable, it could be beamed from another planet.

CHINA’S BANKING regulator is considering setting up new regional bad-debt managers to help clean up risks after the failure of thousands of peer-to-peer (P2P) lending platforms, according to people with knowledge of the matter.