UnionBank, ATRAM to merge trust subsidiaries
PHILIPPINE STAR/KRIZ JOHN ROSALESUNION BANK of the Philippines, Inc. (UnionBank) has entered an investment agreement with the ATR Asset Management Group (ATRAM Group) for the merger of their trust units, the listed lender announced on Monday.Under the deal approved by
Trust and Choice: Reflections from the EON Philippine Trust Study 2024
CIRCUS FLORAWith the 2024 US elections concluded and Donald Trump reclaiming the presidency, the outcome serves as a compelling case study in the complex dynamics of trust. Despite a historic campaign led by Vice-President Kamala Harris — with countless A-list
DoubleDragon banks on investor demand as offer period for P10-B retail issuance starts
BW FILE PHOTOLISTED DoubleDragon Corp. (DD) has started the offer period for its P10-billion retail bond issuance, running until Nov. 20, banking on high investor demand to support its fundraising plans.The bond issuance is priced at 8% per annum and
BSP drafts rules for national payment system’s clearing switch operations
BANGKO SENTRAL NG PILIPINASTHE BANGKO SENTRAL ng Pilipinas (BSP) is looking to create a framework for clearing switch operations within the national payment system to ensure quick and affordable transactions.In a draft circular posted on its website, the central bank
First Gen Q3 income down 34.2% on lower revenues, higher costs
LOPEZ-LED First Gen Corp. saw its attributable net income fall by 34.2% to $52.91 million for the third quarter (Q3) amid lower revenues and a slight increase in expenses. Gross revenues went down by 5.9% to $568.48 million, the energy company