The Bangko Sentral ng Pilipinas was notified by the government-owned bank, through a letter dated Oct. 3, about the decision of the board of directors and stockholders of DBP-Daiwa Capital Markets Philippines Inc. to shorten its corporate term.MANILA, Philippines — The brokerage business of the Development Bank of the Philippines and Daiwa International Holdings Inc. is set to cease its operations in the Philippines by the end of the year.
Daiwa International controls the company with a 60 percent stake, followed by DBP with 35 percent, and Yuchengco-led Pan Malayan Management and Investment Corp. with five percent. Under the MOU, DBP and Daiwa had agreed to provide Philippine and Japanese companies with investment banking advisory services and support for their financing needs from the Philippine and overseas capital markets.Singlife launches 100-in-1 medical plan, starting at P100 a monthJoin Anne Curtis unlock magic of night portraits with vivo V29 5G
In two months alone, I have had the privilege to speak at major, well-attended business conferences offered to mostly HR people on employee engagement and the need to bring humanity back into human resources. As artificial intelligence continues to flourish, the digital bank of the Gokongwei Group and Tyme assured that humans would continue to handle client interactions as it aims to increase its customer base to two...
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