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PDIC files criminal case vs ex-officials of Exportbank

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Banking regulators on Monday sweetened the pot for potential white knights of Export and Industry Bank (EIB), which had been ordered closed due to insolvency.  PHOTO BY ERWIN AGUILON/RADYO INQUIRER

Philippine Deposit Insurance Corp. filed a criminal charge against the former chair and officers of closed Export and Industry Bank, alleging that they engaged in an unsafe and unsound business practice that put the bank in a disadvantage.

Posted: May 10th, 2013 in Uncategorized | Read More »

Morgan Stanley’s profit surges, stock soars

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In this Wednesday, Oct. 10, 2012 photo, people pass Morgan Stanley's headquarters in New York. Morgan Stanley says it swung to a profit in the fourth quarter. Shares jumped in pre-market trading, Friday, Jan. 18, 2013. AP FILE PHOTO

Profits roared back at the investment bank Morgan Stanley in the fourth quarter, reversing a loss in the same period a year ago, when its results were weighed down by a costly legal settlement.

Posted: January 19th, 2013 in Latest Business Stories | Read More »

First Metro lists P7B worth of corporate bonds on PDEx

First Metro Investment Corp., the investment banking arm of the Metrobank group, listed on Wednesday morning P7 billion worth of corporate bonds on local fixed income exchange Philippine Dealing and Exchange Corp. (PDEx).

Posted: August 16th, 2012 in Headlines | Read More »

Investment, financial planning made easy in Philippine Veterans Bank

veterans-bank

Seeking advices on acquiring or running a business venture and planning one’s financial future can now be availed through investment banking division of the Philippine Veterans Bank, said an earlier report on Radyo Inquirer.

Posted: June 24th, 2012 in Latest Business Stories | Read More »

Filipino exec named Maybank regional investment banking head

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Filipino investment banker Manuel Tordesillas has been named by Maybank Kim Eng, a leading securities and investment brokerage group in Asia, as its regional head for investment banking and advisory.

Posted: February 10th, 2012 in Latest Business Stories | Read More »

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