The Securities and Exchange Commission (SEC) cheered the inclusion of Philippine peso-denominated government securities into the J.P. Morgan Government Bond Index - Emerging Markets (GBI-EM). Set to enter the benchmark are nine Philippine government bonds with an aggregate outstanding value of...
The Philippines is poised to capture a multibillion-peso windfall following the historic decision by JPMorgan Chase & Co. to include the country’s sovereign debt in its flagship emerging-market bond index. The Philippine government estimated that the inclusion would spark approximately ₱240...
American banking giant JPMorgan Chase & Co. is closing the operations of Aumni, a venture capital investment analytics provider, in the Philippines as part of a global shutdown of the subsidiary. A J.P. Morgan spokesperson said in a Dec. 2 statement that the bank decided to halt Aumni’s services...
The Philippines has been placed on a positive watchlist by J.P. Morgan Chase & Co. for potential inclusion in its influential emerging market government bond index, a move that could attract a new wave of foreign investment and lower the nation 's borrowing costs. In a statement on Monday,...