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                    [Title] => Edging out rivals, UnionBank to acquire Citi's local consumer banking business
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                    [Title] => Local banks brace for tougher 2015 new law to change banking sector’s playing field
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Next year and beyond will be challenging times for local lenders.

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                    [Title] => Palace sees even better 2013
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                    [Title] => Phl BPOs to benefit from downsizing by US firms
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A fresh wave of downsizing at large US financial holding companies is expected to benefit Manila’s booming business process outsourcing (BPO) sector, House Deputy Majority Leader and Pasig City Rep. Roman Romulo said yesterday.
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                    [Title] => Phl launches 25-year global bond offer
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CITIGROUP INC

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                    [Title] => Phl launches 25-year global bond offer
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abtest

Edging out rivals, UnionBank to acquire Citi's local consumer banking business

By Ian Nicolas Cigaral | December 23, 2021 - 11:05am

UnionBank of the Philippines announced Thursday it will acquire Citigroup Inc.’s consumer banking business in the Philippines...

Business

Local banks brace for tougher 2015 new law to change banking sector’s playing field

By Carlo S. Lorenciana | December 23, 2014 - 12:00am

Next year and beyond will be challenging times for local lenders.

Freeman Cebu Business

15-M digital banking users by 2019

By Bloomberg | December 9, 2014 - 12:00am

Citigroup Inc. expects to double digital-banking users in Asia in the next five years, helping the third-biggest US lender by assets boost client accounts and revenue without the cost of setting up branches.

Banking

AIA bags exclusive Citigroup deal

By Ted P. Torres | December 24, 2013 - 12:00am

The AIA Group Ltd. (AIA) has bagged a 15-year exclusive agreement to sell life insurance policies through Citigroup Inc.’s...

Banking

Palace sees even better 2013

By Delon Porcalla | December 3, 2012 - 12:00am

Prospects of high economic growth in the middle of President Aquino’s term will be more achievable following the surprising...

Headlines

Phl BPOs to benefit from downsizing by US firms

By Paolo Romero | October 8, 2012 - 12:00am

A fresh wave of downsizing at large US financial holding companies is expected to benefit Manila’s booming business process outsourcing (BPO) sector, House Deputy Majority Leader and Pasig City Rep. Roman Romulo...

Business

Bank of America outsources services to Phl

May 14, 2012 - 12:00am

Bank of America Corp. (BA), the second-largest US-based financial holding company with global assets of $2.13 trillion, has directly outsourced its business support activities to the Philippines via a newly formed...

Business

Wells Fargo outsources to Phl despite US bill

March 12, 2012 - 12:00am

Despite the US anti-outsourcing bill, America’s fourth-largest bank by assets has started to relegate some of its non-core, business support activities in the Philippines.

Business

Asia stocks rise, focus on China monetary policy

January 18, 2012 - 1:41pm

Asian stock markets rose Wednesday as expectations that China will loosen its monetary policy to boost growth overcame nervousness sparked by mixed earnings reports from big U.S. banks.

Phl launches 25-year global bond offer

By Iris Gonzales | January 5, 2012 - 12:00am

The government launched yesterday a 25-year, dollar-denominated global bond issue, but the exact size of the offer would depend on the bookbuilding process, Finance Undersecretary Rosalia de Leon said...

Business