Security Bank posts higher income in first half
SECURITY BANK Corp. (Security Bank) recorded an increase in its earnings in the second quarter, boosting its first-half performance, fuelled by double-digit growth in...
PBB earnings inch higher in Q2
NET INCOME of Philippine Business Bank (PBB) rose in the second quarter on the back of higher interest earnings, with its first semester performance...
Peso climbs to five-week high
THE PESO continued to gain against the greenback on Tuesday to hit its strongest level in more than a month on the back of...
Mitsubishi UFJ trust banking arm beefs up war chest for acquisitions
MITSUBISHI UFJ Financial Group Inc.’s trust banking arm is seeking acquisitions abroad and has 1 trillion yen ($9 billion) to spend as it seeks...
Deutsche Bank leases new UK headquarters
DEUTSCHE BANK AG signed an agreement with Land Securities Group to move its United Kingdom (UK) headquarters to a building being constructed at 21...
Government makes full award of Treasury bills
THE GOVERNMENT made a full award of the Treasury bills (T-bills) it auctioned off yesterday after the papers saw strong appetite, with investors preferring...
BDO posts flat net income in first semester
BDO UNIBANK, Inc. (BDO) saw a flat bottom line in the first half of the year, with earnings driven by an increase in its...
Peso rises ahead of US payrolls report
THE PESO opened the week higher versus the dollar ahead of key US labor data to be released on Friday and as investors focused...
Banks extend more loans to small businesses
BANKS extended more loans to small businesses during the first quarter, latest data showed, with the central bank pushing lenders to offer more digital...
Rates of Treasury bills seen sideways after FOMC meet
YIELDS on Treasury bills (T-bills) on offer today are expected to move sideways across the board as investors turn cautious ahead of the US...
Yields on government securities climb as Fed hints on balance sheet reduction
By Mark T. Amoguis, Researcher
YIELDS on government securities (GS) inched upward last week after the Federal Reserve maintained its key policy rates, with the US central bank expecting...
Peso to weaken after strong US GDP data
THE PESO may move sideways versus the dollar this week after the US economy grew faster in the second quarter and amid bets of...