Cryan said to be losing support of top Deutsche Bank investors
CHIEF EXECUTIVE Officer John Cryan is losing the support of some investors just seven months into Deutsche Bank AG’s latest turnaround plan.
Three of the...
Gov’t makes full award of Treasury bills
By Melissa Luz T. Lopez,
Senior Reporter
THE GOVERNMENT made a full award of the P15 billion it planned to raise through the auction of Treasury...
UCPB offers ATM insurance coverage
THE United Coconut Planters Bank (UCPB) has started offering insurance coverage for automated teller machine (ATM) transactions to its depositors amid an industry-wide push...
Peso slips on mixed US jobs data
THE PESO dipped on Monday as strong US unemployment data revived bets of a December Federal Reserve policy move despite soft non-farm payroll figures.
The...
Landbank’s acquisition of Postal Bank gets green light
PHILIPPINE POSTAL Savings Bank (PPSB) has been directed to transfer all its assets, liabilities, records, systems and other appurtenant items to the Land Bank...
India bond party set to cool amid inflation, fiscal risks
THE BULL RUN in Indian sovereign bonds is petering out as accelerating inflation and the risk of worsening public finances cloud the outlook for...
Treasury bill rates seen sideways
YIELDS on Treasury bills (T-bills) to be auctioned off today will likely move sideways amid consolidation as they track US rates and with demand...
Gov’t eyes to roll out repurchase market for banks next month to deepen market
THE GOVERNMENT is looking to roll out a repurchase market for banks next month, the country’s central bank chief said, forming part of an...
Peso likely to rise on weak US data
THE PESO could appreciate this week as the dollar loses steam on the back of disappointing jobs data in the United States, which could...
Lenders set up payments management body
PHILIPPINE BANKS have set up a self-governing body that will facilitate and monitor the clearing of electronic payments, parallel to efforts led by the...
US data, tax reform developments push up yields on government debt
YIELDS on local government securities (GS) increased last week amid developments in the US government’s push for further tax cuts, as well as the...
SSS may remove cap on contributions
By Melissa Luz T. Lopez, Senior Reporter
THE Social Security System (SSS) may opt to remove the cap on monthly contributions instead of implementing an...