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THE Atram Investment Management Partners Corp. (Atram Investment) is set to acquire Pru Life UK Asset Management and Trust Corp. (PAMTC) by 2024 with Atram Investment absorbing the latter’s fiduciary portfolio by November this year. Through a statement, Pru Life lnsurance Corp. of U.K. (Pru Life UK) said it will focus on its core business
RENEWED rate hikes won't curb inflation for the rest of the year but will help control price expectations, an economist said.
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THE Bangko Sentral ng Pilipinas (BSP) has not received an application for the merger of the LandBank of the Philippines (LBP) and the Development Bank of the Philippines (DBP). In a briefing with reporters on Wednesday, BSP Governor Eli M. Remolona Jr. said the merger of the two government financial institutions (GFIs) will require a
THE government may have announced plans to merge state-owned Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP) but it has yet to formally ask regulators to approve the union.