SECURITY BANK Corp. launched two funds which allow investors to put their money in developed and emerging markets worldwide.

THE PESO plunged against the dollar on Monday, tracking the movement of the Asian currencies following the crash of the Turkish lira.

YIELDS on government securities on offer this week will likely move sideways following the policy tightening by the central bank.

UNION BANK of the Philippines, Inc. has adopted blockchain in more internal processes to cut operational costs and further learn the technology.

DEBT YIELDS ended flat last week following a 50-basis-point (bp) rate hike by the central bank, even as July inflation breached the official target and economic growth fell below expectations.

THE PESO will likely move sideways against the dollar this week ahead of likely mixed economic data in the United States and following the policy rate adjustment by the local central bank.

PHILIPPINE BANKS will continue to outperform their Asian peers given wider interest margins, with a more aggressive rate hike from the Bangko Sentral ng Pilipinas (BSP) to give lenders another boost.

RIZAL Commercial Banking Corp. (RCBC) posted a P2.2-billion net income as of end-June, fuelled by steady growth in its core businesses but dampened by lower trading gains.

UNIONBANK of the Philippines will proceed with its planned stock rights offer next month, as it works to raise fresh capital to support expansion.

THE PESO slipped versus the dollar on Friday to its weakest in a week, as investors await the turnout of key economic data in the United States and further hints on its ongoing trade war with China.

PHILIPPINE SAVINGS Bank (PSBank) reported higher net earnings in the first half of the year on the back of strong net interest income and service fees.

GLOBAL BOND markets may have less to worry about from an all-out Japanese exodus. The yields on Japan’s benchmark bond are still too low to tempt regional lenders to switch investments back home, even after the central bank permitted a higher trading range, according to managers and traders at the companies.