BDO Unibank, Inc. (BDO) has completed the buyout of its partner Nomura Holdings, Inc.’s (Nomura) ownership in BDO Nomura Securities, Inc, (BDO Nomura) following an earlier announcement terminating their joint venture (JV) arrangement. In a disclosure to the Philippine Stock Exchange, BDO said its...
The Philippine peso is heading for its biggest quarterly gain in a decade and still has scope to appreciate due to positive fund flows, according to Credit Agricole SA and Nomura Holdings Inc. The local currency has now strengthened 4.6% this year, beating all its developing-nation counterparts...