Peso flat ahead of Fed, BSP policy reviews
THE PESO ended flat against the dollar yesterday as market players stayed on the sidelines ahead of the US inflation data.
The local currency ended...
Gov’t partially awards T-bills as rates rise
By Elijah Joseph C. Tubayan
Reporter
THE GOVERNMENT made a partial award of the Treasury bills (T-bill) it planned to raise on Monday as yields increased...
BSP warns vs cryptocurrency use
By Karl Angelo N. Vidal
THE CENTRAL BANK is not endorsing cryptocurrencies as mediums of exchange or investment vehicles despite their growing popularity amid continued...
Rediscount borrowings surge in Feb.
PHILIPPINE BANKS resumed availing of rediscount loans from the Bangko Sentral ng Pilipinas (BSP) in February after it stood untapped the previous month, the...
Bangko Sentral ng Pilipinas bank supervisor takes aim at male-dominated boards
THE PHILIPPINE central bank’s female deputy in charge of supervising the nation’s lenders has a message for their chief executives: Get more women onto...
Peso slips on cautious markets
THE PESO inched lower against the dollar on Monday as market players were cautious due to possible interest rate hikes coming from central banks...
T-bills seen to fetch higher rates
By Karl Angelo N. Vidal
YIELDS on Treasury bills (T-bills) on auction today will likely rise amid continued market uncertainty over possible interest rate hikes...
Yields on gov’t debt flat over inflation results
By Christine Joyce S. Castañeda
Senior Researcher
YIELDS on government securities (GS) traded in the secondary market were flat last week amid concerns over February inflation...
Peso likely to weaken against US dollar this week
THE PESO is expected to weaken against the dollar this week, after the latest US labor report showed the continued strengthening of the US...
Goldman Sachs uses data to help improve bank’s diversity, Cooper says
DURING the decade Edith Cooper, one of Wall Street’s most powerful black women, led human resources at Goldman Sachs Group Inc., the firm focused...
RCBC Savings posts double-digit income growth
THE SAVINGS ARM of the Rizal Commercial Banking Corp. (RCBC) booked a double-digit income growth in 2017 on the back of the continued expansion...
Bank of Makati to open 40 branch-lite offices
BANK of Makati, Inc. (BMI) wants to open branch-lite offices this year to tap the unbanked and underserved Filipinos in rural areas.
During the launch...