Severe flooding brought by Typhoon Carina, enhanced by the southwest monsoon, has forced several companies and businesses to temporarily shut down operations. These include major financial institutions, which have shortened their operating hours in the aftermath of the typhoon.A total of ...
The Zobel family-led conglomerate's net income went up to P13 billion from January to March.
Ayala Corporation shows robust performance once again, with earnings soaring by 28 percent from January to March this year. This increase brought the Zobel family-led conglomerate's net income to P13 billion, fueled by its banking and property segments, among others. ...
The strong start was driven by the merger between the Gokongwei Group's Robinsons Bank and the Ayalas' Bank of the Philippine Islands.
Gokongwei-led conglomerate JG Summit Holdings started the year strong, with its net income surging to P12.6 billion in the first quarter. This was up by 213 percent year-on-year, on the back of performances across its food, real estate, ...
This follows the merger between the Ayala and Gokongwei-owned banks.
Integrating all branches of Robinsons Bank Corporation into the system of the Bank of the Philippine Islands may not be completed until next year. The process, expected to take 12 to 18 months, follows the merger between the Gokongwei Group and the ...
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