UCPB income rises 12% in first half

UNITED COCONUT Planters Bank (UCPB) saw its bottom line grow double digits in the first semester on the back of strong consumer loans, it...

Peso down on strong jobs data

THE PESO weakened versus the dollar yesterday due to better-than-expected jobs data in the United States, as market players anticipated fresh hints from the...

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...

BoJ’s silence on side effects of easing adds risk

THE Bank of Japan (BoJ) is adding to the risks of its aggressive monetary easing policies by discussing only their potential upside, according to...

Treasury bonds to fetch lower yields on demand

By Melissa Luz T. Lopez Senior Reporter TREASURY BONDS (T-bonds) on offer this week would likely see yields trend lower amid strong demand, with the government...

BSP says no extension for Sept. 30 deadline for banks’ multi-factor authentication shift

THE CENTRAL BANK will not extend the end-September deadline for banks and credit card issuers to adopt tighter standards for client verification, as the...

Peso expected to drop on positive US jobs data

THE PESO may weaken this week versus the dollar to reverse its upward trend from last week due to likely positive US inflation data...

Yields down on US data

By Christine J. S. Castañeda Researcher YIELDS on government securities (GS) traded in the secondary market went down last week as they tracked the movement of...

UnionBank net income down in Q2

UNION BANK of the Philippines (UnionBank) saw its income slide in the second quarter, but still posted a double-digit income in the first semester,...

PNB Savings books higher earnings in first half

PNB Savings Bank saw its net income jump by over a fourth during the first six months of the year, driven by a surge...

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