Following the lower-than-expected gross domestic product (GDP) growth of 5.2 percent in the third quarter, Citi Research expects that stronger domestic demand will prompt a shift to six percent growth for the last three months.Citi Philippines economist Nalin Chutchotitham has revised her full-year...
By DERCO ROSAL The Philippines is poised for potential credit rating upgrade given the country’s resilient economy and positive growth outlook, global banking giant Citi executives stated. “Citi executives expressed confidence that the country is well-positioned for a credit...
EDITORS DESK
I once heard a top government official sharing his conversation with his daughter as to why he accepted the position. He told his daughter that he accepted the job because he wanted to serve his country, to which his daughter retorted, “That’s corny.”
Following that line, Paul...
Students from the University of Asia and the Pacific (UA&P) emerged as one of the four winning teams of the Citi Asia Pacific Treasury and Trade Solutions (TTS) regional case tilt for university students.
(Photo from Citi TTS)
UA&P Industrial Economic students Ethan Gabriel Lee, Josh...
Citigroup Inc. could fetch as much as $6 billion from the sale of retail banking assets in 13 markets across the Asia-Pacific region, Europe and the Middle East as the lender forges ahead with plans to fine-tune its global branch network, people familiar with the plan said.
The sale process for...
Two of the country’s big banks BDO Unibank Inc. and Bank of the Philippine Islands (BPI) are currently looking into acquiring Citi Philippines’ retail business after its parent global company, US-based Citibank N.A., announced its planned exit.
BDO president and CEO Nestor V....
