China Banking (CHIB) director Joaquin T. Dee added a bit to his holdings in the 101-year old bank.
The 85-year old bilyonaryo, who has been on the board since 1984, purchased 50,000 CHIB shares at P24 each From September 21 to 23.
Dee has the most CHIB shares among his seatmates on the board with a market value P1.24 billion or equivalent to nearly two percent of the bank.
The arranged marriage of UBS and Credit Suisse will create the biggest bank Switzerland has ever seen, with some wondering if the superbank might be too big for its own good.
American banks will be paying especially close attention to the Federal Reserve’s interest-rate decision on Wednesday, as the collapse of Silicon Valley Bank (SVB) continues to reverberate through financial markets.
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) has launched a financial literacy boot camp and business case competition called the RCBC DiskarTechpreneur Program.
The US banking sector is “stabilizing” after the recent failures of Silicon Valley Bank and Signature Bank rattled the industry, Treasury Secretary Janet Yellen told a lenders’ meeting Tuesday.
Philippine banks are experiencing a clear divergence in performance, according to CreditSights, a subsidiary of FitchSolutions.
The Paranaque Integrated Terminal Exchange (PITX) assures the safety and security of passengers during Holy Week, with over 1.2 million expected to travel early to avoid the usual holiday exodus in Metro Manila.
Diversified conglomerate San Miguel Corp. (SMC), through its infrastructure unit, inked a joint venture agreement with the provincial government of Batangas for the P44.77 billion Nasugbu-Bauan Expressway (NBEX) project.
The arranged marriage of UBS and Credit Suisse will create the biggest bank Switzerland has ever seen, with some wondering if the superbank might be too big for its own good.
American banks will be paying especially close attention to the Federal Reserve’s interest-rate decision on Wednesday, as the collapse of Silicon Valley Bank (SVB) continues to reverberate through financial markets.
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) has launched a financial literacy boot camp and business case competition called the RCBC DiskarTechpreneur Program.
Duterte crony Dennis Uy is back to searching for a new investor to bail out PH Resorts Group’s (PHR) casino projects after Bloomberry Resorts (BLOOM) of ultra bilyonaryo Ricky Razon terminated their deal.
