Peso strengthens further
THE PESO strengthened further against the dollar on Wednesday as investors continued to price in expectations of a dovish US Federal Reserve as its latest policy review concludes.
Robinsons Bank eyes PSE listing
ROBINSONS BANK Corp. is eyeing to go public within the next four years as part of its plan to scale up its operations to become a universal bank.
CIMB launches PHL operations as all-digital bank
MALAYSIAN financial giant CIMB Bank formally launched its banking operations in the Philippines on Tuesday, more than a year after it received the central bank’s nod to set up shop here.
Peso rebounds vs dollar
THE PESO rebounded on Tuesday as the dollar weakened due to the strong euro and ahead of the US Federal Reserve’s policy meeting.
Gov’t makes partial T-bills award
THE GOVERNMENT made a partial award of the Treasury bills (T-bills) it placed on the auction block yesterday, as market participants preferred to park their funds in the longer-dated instruments.
Union Bank of the Philippines posts lower 2018 net earnings
UNION BANK OF THE Philippines, Inc. (UnionBank) posted lower net earnings in 2018 amid margin pressures due to higher interest rates.
Ex-RCBC branch manager Deguito appeals conviction
FORMER Rizal Commercial Banking Corp. (RCBC) branch manager Maia Santos-Deguito, through her legal counsels, asked the Makati City court to reverse its Jan. 10 decision convicting her of eight counts of money laundering over the $81-million Bangladesh Bank heist in February 2016.
Permanent income
By Benel D. Lagua
RETIRING after all those years of hard work is something to look forward to, but how can you be so sure that your financial situation is ready for it? Reality bites. Retirement planning is a financial necessity that should commence as soon as one finds some stability in his chosen career.
Peso weakens slightly
THE PESO declined a tad on Monday as the dollar recovered from heavy selling over the weekend following the reopening of the US government after a one-month shutdown.
Treasury bill rates to end mixed
RATES OF THE Treasury bills (T-bill) on offer today will likely end mixed as market participants await the first policy meeting of the US central bank.
Debt yields drop on GDP
YIELDS ON government securities (GS) fell slightly following data showing slower Philippine economic growth.
Peso to rise ahead of Fed review
THE PESO is seen to strengthen against the dollar this week as market players expect the US Federal Reserve to keep its benchmark rates unchanged.