THE PESO climbed against the greenback on Thursday with tensions between US and Iran seen to have somehow subsided.

MONEY SUPPLY in November saw a quicker expansion on the back of the central bank’s easing stance being absorbed by the market.

YIELDS ON term deposits slipped on Wednesday on the back of higher bids as the central bank gave the market fresh signals it would ease monetary policy further this year and amid escalating geopolitical tensions in the Middle East, which may have caused investors to put their money in safer havens.

GOLDMAN SACHS Group, Inc. unveiled details about its consumer business for the first time on Tuesday and will start disclosing its results regularly as part of a broader reporting-line shuffle, responding to long-standing requests for more transparency from analysts and investors. The changes are part of Chief Executive Officer David Solomon’s efforts to get Goldman in line with rivals like JPMorgan Chase & Co. and Citigroup that have bigger consumer businesses and share more information with investors.

LONDON — Britain’s financial regulators said on Tuesday they will transform their data crunching capabilities over the coming decade to spot problems in banks and markets earlier.

THE PESO moved sideways on Wednesday as it was supported by the influx of remittances amid risk-off sentiment arising from escalating geopolitical tensions in the Middle East.

THE GOVERNMENT partially awarded the reissued three-year Treasury bonds (T-bonds) it offered on Tuesday as rates climbed due to faster-than-expected inflation data.

SINGAPORE — Singapore has drawn huge interest from technology firms looking to shake up the city-state’s banking landscape, attracting 21 applications for five digital bank licenses on offer.

WHILE THE PESO could strengthen against the greenback in the short term on the back of the phase one deal between the US and China, it may weaken later in 2020 up to 2021 due to further monetary easing and the widening of the current account deficit, according to analysts.

BDO UNIBANK, Inc. is set to redeem the unsecured subordinated Tier 2 notes it issued in 2014 on March 10, ahead of their scheduled maturity in 2025.

LONDON — Britain’s financial industry paid a record near $100 billion in taxes in the year to March, reaffirming its central role in funding the state at a time when its future prospects have been clouded by Brexit.

ZURICH — UBS Group is reorganizing its flagship wealth management business in the Europe, Middle East and Africa region and streamlining management, according to a staff memo seen by Reuters and confirmed by the Swiss bank.