By Michelle V. Remo
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.
By Christina Rexrode
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.
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).
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.
By Doris C. Dumlao
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.