The marriage of UBS and Credit Suisse was hastily arranged to prevent a global financial meltdown — but the size of the resulting megabank could cause domestic problems in Switzerland, the central bank admitted Thursday.

US charges Korean Crypto fugitive after reported arrest in Montenegro

Fugitive South Korean cryptocurrency entrepreneur Do Kwon, accused of orchestrating a multi-billion-dollar fraud that shook global crypto markets last year, has been arrested in Montenegro and faces fresh criminal charges in the United States.

Maybank Philippines accused of misusing Bayanihan Act to collect additional interest from borrower

Maybank Philippines Inc. is facing criticism for allegedly using the Bayanihan Act as an excuse to charge its customer an additional P8,341 in interest.

Medalla aims to keep inflation in check by yearend

The Bangko Sentral ng Pilipinas (BSP) has raised its benchmark rate by 25 basis points to 6.25 percent in a bid to ensure that inflation remains below four percent by November or December this year.

BSP, ASEAN central banks to link payment systems through BIS Nexus project

The Bangko Sentral ng Pilipinas (BSP) and four other central banks in the ASEAN region have partnered to connect their domestic instant payment systems (IPS) through the Bank for International Settlements’ (BIS) Nexus Project.

UBS, Credit Suisse tie-up may not lead to Swiss bliss

US charges Korean Crypto fugitive after reported arrest in Montenegro

Maybank Philippines accused of misusing Bayanihan Act to collect additional interest from borrower

Medalla aims to keep inflation in check by yearend

BSP, ASEAN central banks to link payment systems through BIS Nexus project

Global bank watchdog vows to ‘learn lessons’ after turmoil

Toshiba to go private as board accepts $15 billion takeover bid

UBS buying back bonds issued before Credit Suisse takeover

US Fed lifts key interest rate, voices banking sector concerns

Recommended from

→ Abogado
Marcos Jr denies pouncing on Teves over old e-sabong scandal

→ Abogado
Guevarra: Former president Duterte may face ICC arrest warrant for drug war deaths

→ Politiko
Marcos to public servants: Let’s make the Philippines respected worldwide

→ Politiko
Tansingco: Fugitive Taiwanese ‘drug lord’ deported

→ Bankero
Second Tier’ PH Banks expected to underperform – Fitch unit

MVP Group refutes reports of Maynilad stake sale

Metro Pacific Investments Corp., which is led by telco magnate Manuel V. Pangilinan, has denied reports of selling its stake in Maynilad Services Inc.

Ty-blings’ GT Capital posts solid 2022 growth, profit soars to P18.4 billion

Despite elevated inflation and interest rates, Ty-led conglomerate GT Capital Holdings Inc. saw its 2022 profit jump 67 percent to P18.4 billion on the strong performances of its banking, automotive, real estate and insurance units.

Controversial ‘Ostiya’ food review by Ateneo high school student sparks outrage”

A high school student from Ateneo Senior High School has faced criticism from netizens after he secretly took ostiya or communion bread from the Eucharist and proceeded to “review” it.

Filipino business groups cool to House’s cha cha dance. Here’s why

The country’s biggest business groups pushed back against the proposal of the House of Representatives for charter change following the passage of laws that eased the entry of foreign investments.

Deposit box ain’t so safe: Jorge, Stella Araneta sue JPMorgan for selling $10-M worth of jewelry for peanuts

Bilyonaryo couple Jorge and Stella Araneta have sued JPMorgan Chase & Co. for allegedly selling jewelry and other valuables they stored in safe deposit boxes.

Eat Bulaga headed for ugly breakup: Jalosjos group asks creative staff to retire as part of rebranding, removal of Tito, Vic & Joey

The family of former congressman Romy Jalosjos is not only bent on changing the faces of the hit noontime show Eat Bulaga, it is also pushing to overhaul the creative team behind the camera.

Back to Bilyonaryo.com homepage