BSP requires banks to set up e-payment channels
By Melissa Luz T. Lopez
Senior Reporter
BANKS and other financial firms are required to offer electronic payment channels for all clients and should be able...
Fed faces pro-diversity uproar on nod for Williams
THE FEDERAL RESERVE is facing a backlash over its lack of diversity in key positions after it emerged this weekend that John Williams, the...
China’s risky debt heads overseas as financial deleveraging rolls on
THE GLOBAL hunt for yield might not be as frenzied as it once was now that interest rates are rising, but for those looking...
Peso drops ahead of two-day break
THE PESO weakened against the dollar on Tuesday ahead of expected market inflows today ahead of a two-day trading break.
The local currency ended yesterday’s...
T-bills partially awarded by gov’t
THE GOVERNMENT made a partial award of the Treasury bills (T-bill) it planned to raise on Monday, with yields ending mixed as investors flocked...
Finance department asks BSP to aid Overseas Filipino Bank’s digital shift
THE FINANCE department has asked the Bangko Sentral ng Pilipinas (BSP) to pave the way for the shift to a digital banking system for...
ECB acts to ensure glitch-free ride to bond-buying conclusion
THE EUROPEAN Central Bank (ECB) is making sure its bond-buying program doesn’t run into any problems in Germany in the final stretch.
Six months before...
BPI SRO plan ‘credit positive’
MOODY’S INVESTORS Service said the P50-billion stock rights offering (SRO) to be conducted by the Bank of the Philippine Islands (BPI) is credit positive...
Peso rebounds ahead of trading break
THE PESO rebounded against the dollar on Monday as banks pocketed gains ahead of the Holy Week break.
The local currency closed at P52.215 against...
T-bills on offer to fetch lower rates on demand
TREASURY BILLS (T-bills) on auction today will likely fetch lower yields on the back of strong demand for shorter-tenored securities.
The Bureau of the Treasury...
Yields on gov’t debt drop on Fed hike, BSP review
YIELDS on government securities (GS) traded in the secondary market declined last week amid an interest rate hike in the US and the Bangko...
BoE experiments with anonymous applications
THE BANK of England (BoE) is piloting anonymous job applications to promote diversity.
The more than three-century old central bank only appointed its first female...