Fed’s next bank cop seen icebreaker in Basel tiff
BANK REGULATORS worn down after a year of butting heads over new global capital rules see a glimmer of hope emerging in Washington in...
Peso strengthens ahead of Yellen speech, US data
THE PESO appreciated for the second straight session yesterday, supported by strong buying among market players ahead of the release of jobs data in...
Gov’t makes full award of 5-year T-bonds
THE GOVERNMENT raised P15 billion as planned in reissued five-year Treasury bonds (T-bonds) on Tuesday, amid strong appetite for papers at the shorter end.
The...
Wells Fargo bounces back after scandal
WELLS FARGO & Co. Chief Executive Officer Tim Sloan will tell lawmakers that the bank has undergone a dramatic transformation in sales practices and...
Peso rebounds on profit taking
THE PESO posted a slight recovery versus the dollar yesterday, with the sideways move driven by profit taking that lent some support to the...
Pru Life UK rolls out fund
By Melissa Luz T. Lopez, Senior Reporter
PRU LIFE UK has rolled out a balanced fund that will allow Filipinos to invest offshore, as part...
RBI seen holding interest rates as slowdown bites
INDIA’S CENTRAL BANK is expected to keep its benchmark rate at a seven-year low this week amid slowing growth in Asia’s third-largest economy.
With inflation...
UnionBank to issue $1B under MTN program
By Melissa Luz T. Lopez, Senior Reporter
UNIONBANK of the Philippines, Inc. (UnionBank) will soon foray into the global market by issuing foreign currency debt...
Fed eyes rates as asset-price tool in subtle strategy shift
FEDERAL RESERVE policy makers are embarking on a subtle shift in strategy with potentially big implications for investors: using interest rates as a tool...
Peso weakens on Fed rate bets
THE PESO weakened versus the dollar on Monday, moving in sync with regional currencies as higher yields in the United States supported the currency...
Five-year bonds to fetch slightly higher rates amid Fed hike bets
By Melissa Luz T. Lopez,
Senior Reporter
TREASURY BONDS (T-bonds) on offer this week will likely fetch slightly higher yields, reflecting market caution as players await...
Yields on gov’t debt drop
LOCAL GOVERNMENT securities (GS) rallied last week despite continued expectations of another interest rate hike in the US as well as its tax reform...