April 24, 2017, 9:34 pm
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Banking And Finance

London spearheads 11% jump in

by Reuters on December 02, 2013
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LONDON - More than 3,500 bankers in Europe earned 1 million euros ($1.4 million) or more last year after a big jump across the continent and in Britain, which had 12 times as many high earners as any other country.

Firms’ outlook remains positiv

November 25, 2013
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Despite the recent looming concerns over the pork barrel issue, US government shutdown last October and the impact of natural calamities, the business outlook for the Philippines is on course to remain positive for the final quarter of the year. 

BSP seen to keep interest rate

November 25, 2013
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The Bangko Sentral ng Pilipinas is expected to keep the low interest rate  environment in order to have a positive response  to super typhoon Yolanda’s devastation well into  2014, according to the investment banking arm of Metrobank.

PBCOM net up 70%

November 25, 2013
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Philippine Bank of Communications (PBCOM) posted a net income of P1.4 billion for the first three quarters of 2013 based on its report to the SEC

China Bank wins Bell Awards fo

November 25, 2013
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China Banking Corporation (China Bank) has won the Bell Awards for Corporate Governance for the second consecutive year.

Australia central bank says st

by Reuters on November 25, 2013
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SYDNEY - Australia’s central bank said there was mounting evidence past cuts in interest rates were working to stimulate the economy, though it would not rule out the chance of easing further if necessary.

Why hedge funds still manage t

by Reuters on November 25, 2013
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NEW YORK - Hedge fund investor Hugh Culverhouse Jr. says the $2.25 trillion industry was an easier place for wealthy individuals to make money a decade ago.

AUB to issue P2B LTNCDs

November 25, 2013
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Asia United Bank (AUB) intends to offer P2-Billion in Long Term Negotiable Certificates of Time Deposit (LTNCD). This comes after the company’s P7- billion Initial Public Offering (IPO) earlier in the year. 

JPMorgan, US govt set terms fo

by Reuters on November 25, 2013
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NEW YORK - JPMorgan Chase & Co and US government officials have agreed on terms of a $4 billion consumer relief package that is to be part of a $13 billion deal to settle the bank’s liability to government agencies over mortgage securities, according to a person familiar with the matter.

Banks exhibited steady lending

November 18, 2013
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Results of the Q3 2013 Senior Bank Loan Officers’ Survey (SLOS) showed that most of the respondent banks maintained their credit standards for loans to both enterprises and households during the quarter based on the modal approach. 


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Front Page

Column of the Day

‘Nothing from the PNP Internal Afffairs Service’

By DODY LACUNA | April 21,2017
685 View(s) 0 Comment(s)
‘Pulitzer Prize-winning photos are framed against a lawless landscape of Filipinos in brutal submission...’

Opinion of the Day

Ignored laws

By DAHLI ASPILLERA | April 24, 2017
258 View(s) 0 Comment(s)
‘Shouldn’t the BIR deputize Seniors or high school student volunteers? Have them go from store to store demanding evidence that they pay BIR on their income?’