JPMorgan Chase likely to maintain key growth targets from last year at investor day...
NEW YORK — JPMorgan Chase & Co. executives are unlikely to provide new financial targets at the bank’s annual investor day on Tuesday, and instead will use the forum to showcase a clean-energy initiative, analysts said.
China’s bank regulator lets crackdown deadline slip due to stability concerns
BEIJING/SHANGHAI -- China’s banking regulator has extended by two months a June deadline for banks to submit risk assessments over concerns it was putting...
CIMB Bank PH eyes ‘significant’ income growth
CIMB BANK Philippines, Inc. (CIMB Bank PH) turned a profit last year as strong customer growth drove increases in loans and deposits, its top...
Peso climbs ahead of BSP meet
THE PESO recovered against the dollar on Wednesday ahead of likely upbeat signals from the central bank’s monetary policy meeting.
Central bank sells P80 billion in short-term bills
THE BANGKO SENTRAL ng Pilipinas (BSP) made a full award of the one-month bills it offered on Friday even as rates climbed following data...
TDF yields rise on Fed official’s hawkish remarks
YIELDS on the term deposit facility (TDF) of the Bangko Sentral ng Pilipinas (BSP) increased on Wednesday as the offer was undersubscribed after a US Federal Reserve official said the central bank should consider aggressive rate hikes amid soaring inflation and with the peso retreating versus the greenback.
TDF yields drop as central bank pledges to stay accommodative
YIELDS on term deposits declined on Wednesday after the Bangko Sentral ng Pilipinas (BSP) vowed to keep interest rates at record lows to support the economy’s recovery.
T-bill, bond rates to track secondary mart levels
RATES of Treasury bills and bonds on offer this week could track secondary market levels amid easing global crude oil prices and following comments...
Peso may continue to weaken ahead of BSP policy meeting
THE PESO may continue weakening against the dollar this week ahead of the Bangko Sentral ng Pilipinas’ (BSP) rate-setting meeting on Thursday.
The local unit...
Peso weakens against the dollar after surprise OPEC+ production cut
THE PESO weakened against the dollar on Monday after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced a surprise oil...
About $4-B Hong Kong deposits may have left for Singapore in June-Aug.
HONG KONG -- Hong Kong may have lost as much as $4 billion in deposits to rival financial hub Singapore between June and August, Goldman Sachs estimated this week.
FWD Philippines rolls out custom insurance product
FWD LIFE Insurance Corp. (FWD Philippines) has launched a line of customizable protection plans to better serve the needs of its clients.