Bank of Commerce net income up 85% in 2016
THE Bank of Commerce (BanCom) saw its bottom line soar by more than half last year primarily driven by its robust core businesses, with...
Peso barely changed as Fed chair turns dovish’
THE PESO closed nearly flat versus the greenback on Thursday amid muted trading among market players after US Federal Reserve Chair Janet L. Yellen’s...
Rise of Generation Z
FINEX Folio -- By Reynaldo C. Lugtu, Jr.
While watching my 19-year-old daughter at home with her friends playing some arcane group games, while checking...
Bangko Sentral expands allowed investments for trust firms’ funds
By Melissa Luz T. Lopez,Senior Reporter
TRUST FIRMS will soon be allowed to invest pooled funds in more instruments under new rules released by the...
Bank of Commerce net income up 85% in 2016
THE Bank of Commerce (BanCom) saw its bottom line soar by more than half last year primarily driven by its robust core businesses, with...
Peso barely changed as Fed chair turns dovish’
THE PESO closed nearly flat versus the greenback on Thursday amid muted trading among market players after US Federal Reserve Chair Janet L. Yellen’s...
TDF rates end mixed as demand drops slightly
RATES for the central bank’s term deposit auction posted mixed movements yesterday, with the week-long yield hitting a two-month high while the month-long tenor...
Negative yields force Japan banks to consider mergers
HIROSHI IWAMA and Mitsunori Watanabe used to joke about merging their banks in central Japan. When the Bank of Japan introduced negative interest rates...
Peso slips as players reposition after Tuesday’s sharp increase
THE PESO ended almost flat against the dollar on Wednesday after most market players tweaked their positions following Tuesday’s sharp rise.
The local currency closed...
BPI Family eyes 10% profit growth
BPI FAMILY Savings Bank, Inc. is looking to grow its bottom line by a tenth this year, a slight increase from last year’s figure,...
Gov’t makes full award of bonds as bids fall within expectations
THE GOVERNMENT yesterday made a full award of reissued five-year Treasury bonds (T-bonds) as bids by banks fell within market expectations even as they...
Pre-need industry seen to rebound from Q1 net loss
THE PRE-NEED industry could expand in the coming months and reverse the loss it booked in the first quarter as fresh players are set...