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    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 386902
                    [Title] => BDO, Equitable to speed up integration
                    [Summary] => 



Banco de Oro Universal Bank (BDO) and the Equitable PCI Bank (EPCIB) are speeding up their integration process with the entry of Macquarie Securities Inc. 


The two major commercial banks were involved in a share swap agreement last year, resulting in a merger with the surviving bank, to be known as Banco de Oro-EPCI Bank Inc.


Immediately after the share swap agreement, BDO officials estimated that it would take over a year to complete the integration of the two banks. 


                    [DatePublished] => 2007-02-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 385276
                    [Title] => Union Bank income dips to P2.51B in 2006
                    [Summary] => 




Union Bank of the Philippines registered a lower full-year  income last year due mainly to its acquisition of International Exchange Bank (iBank).


In a statement, Union Bank said last year’s net income contracted 8.8 percent to P2.51 billion from P2.76 billion, which was also attributed "to the industry-wide margin compression as interest rates declined further."


However, the bank said net income in the last quarter of 2006 grew by 5.6 percent from P838 million in 2005 to P885 million.


                    [DatePublished] => 2007-02-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 383333
                    [Title] => UnionBank to raise $100M via primary share offer
                    [Summary] => 


Union Bank of the Philippines, the Aboitiz family’s banking arm, said it will issue  $100 million worth of shares through a primary offering scheduled in April.


In a disclosure to the Philippine Stock Exchange, UnionBank said it will offer up to 90 milion shares to be taken out of its authorized capital stock of 118.75 million shares.  The offer price has yet to be agreed upon between the bank and Macquarie Securities Inc., the lead manager for the proposed equity offering, after the roadshow and book-building exercise.


                    [DatePublished] => 2007-02-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

MACQUARIE SECURITIES INC

Array
(
    [results] => Array
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            [0] => Array
                (
                    [ArticleID] => 386902
                    [Title] => BDO, Equitable to speed up integration
                    [Summary] => 



Banco de Oro Universal Bank (BDO) and the Equitable PCI Bank (EPCIB) are speeding up their integration process with the entry of Macquarie Securities Inc. 


The two major commercial banks were involved in a share swap agreement last year, resulting in a merger with the surviving bank, to be known as Banco de Oro-EPCI Bank Inc.


Immediately after the share swap agreement, BDO officials estimated that it would take over a year to complete the integration of the two banks. 


                    [DatePublished] => 2007-02-26 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 385276
                    [Title] => Union Bank income dips to P2.51B in 2006
                    [Summary] => 




Union Bank of the Philippines registered a lower full-year  income last year due mainly to its acquisition of International Exchange Bank (iBank).


In a statement, Union Bank said last year’s net income contracted 8.8 percent to P2.51 billion from P2.76 billion, which was also attributed "to the industry-wide margin compression as interest rates declined further."


However, the bank said net income in the last quarter of 2006 grew by 5.6 percent from P838 million in 2005 to P885 million.


                    [DatePublished] => 2007-02-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 383333
                    [Title] => UnionBank to raise $100M via primary share offer
                    [Summary] => 


Union Bank of the Philippines, the Aboitiz family’s banking arm, said it will issue  $100 million worth of shares through a primary offering scheduled in April.


In a disclosure to the Philippine Stock Exchange, UnionBank said it will offer up to 90 milion shares to be taken out of its authorized capital stock of 118.75 million shares.  The offer price has yet to be agreed upon between the bank and Macquarie Securities Inc., the lead manager for the proposed equity offering, after the roadshow and book-building exercise.


                    [DatePublished] => 2007-02-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

BDO, Equitable to speed up integration

By Ted P. Torres | February 26, 2007 - 12:00am

Banco de Oro Universal Bank (BDO) and the Equitable PCI Bank (EPCIB) are speeding up their integration process with the entry of Macquarie Securities Inc. The two major commercial banks were involved in...

Business

Union Bank income dips to P2.51B in 2006

By Ted P. Torres | February 16, 2007 - 12:00am

Union Bank of the Philippines registered a lower full-year income last year due mainly to its acquisition of International Exchange Bank (iBank). In a statement, Union Bank said last year’s...

Business

UnionBank to raise $100M via primary share offer

By Zinnia B. Dela Peña | February 4, 2007 - 12:00am

Union Bank of the Philippines, the Aboitiz family’s banking arm, said it will issue $100 million worth of shares through a primary offering scheduled in April. In a disclosure to the Philippine Stock...

Business