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The Yuchengco and Ayala Groups, through their education joint venture iPeople, have entered into a partnership with Arizona State University that will enable Filipino students to have access to global education including spending time in the ASU campus.
The Gokongwei Group is likely to get more shares under the planned merger of its banking arm with Ayala-led Bank of the Philippine Islands.
SPEAKING OUT Up to the very last minutes of the BPI board meeting last Sept. 21, Project Disney had been a very closely guarded secret. In an executive session, BPI President and CEO TG Limcaoco, disclosed for the first time to the board a transaction that the BPI team, led by EVP John-C Syquia a
The Gokongwei Group has opted to sell Robinsons Bank Corporation (RBC) for a 6 percent stake in Bank of the Philippine Islands (BPI) to spare itself the burden of raising a huge amount of capital to scale it up. “We reviewed our strategic options to determine its future and we are cognizant that b
The planned merger of Bank of the Philippine Islands (BPI) and Robinsons Bank Corporation (RBC) has been formally announced after the approval by the respective boards of directors of the two banks and their parent companies. This was disclosed to the Philippine Stock Exchange by BPI and RBC’s sha