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                    [Title] => UnionBank to raise P12-B in more modest SRO offering
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                    [Title] => Banks break pledges with fossil fuel billions: report
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                    [Title] => UnionBank downgraded by Moody’s over P55 billion Citigroup acquisition
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                    [Title] => Moody's turns 'negative' on UnionBank after acquiring Citi assets
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                    [Title] => Deal with Citi 'credit positive' in the long haul for UnionBank
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                    [Title] => Union Bank confirms preliminary discussions with Citigroup to acquire retail banking assets
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                    [Title] => UnionBank outperforms PSEi as investors cheer talks with Citi
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                    [Title] => Citigroup to end consumer banking business in Philippines
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                    [Title] => Market fails to sustain cheery mood
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The local stock market’s rally, inspired by the US Federal Reserve’s well telegraphed rate hike decision, was short lived.

                    [DatePublished] => 2015-12-18 09:00:00
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                    [AuthorName] => Iris Gonzales
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                    [Title] => Banks break pledges with fossil fuel billions: report
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                    [DatePublished] => 2021-12-02 13:58:00
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                    [DatePublished] => 2021-04-16 10:09:00
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                    [Title] => Market fails to sustain cheery mood
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The local stock market’s rally, inspired by the US Federal Reserve’s well telegraphed rate hike decision, was short lived.

                    [DatePublished] => 2015-12-18 09:00:00
                    [ColumnID] => 0
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                    [AuthorName] => Iris Gonzales
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abtest

NGOs denounce banks financing new oil and gas projects

January 17, 2023 - 3:06pm

At the top of the list were two US lenders: Citigroup, with $30.5 billion in financing to groups expanding oil and gas production,...

Business

UnionBank to raise P12-B in more modest SRO offering

January 3, 2023 - 9:00am

Maybe the amazing size and cost of that recent Citigroup acquisition was weighing on their minds.

Stock Commentary

Banks break pledges with fossil fuel billions: report

March 25, 2022 - 9:22am

It said the biggest providers of fossil fuel financing were JP Morgan with $81 billion, Citigroup with $69 billion, and Bank...

Business

UnionBank downgraded by Moody’s over P55 billion Citigroup acquisition

January 21, 2022 - 8:28am

All ratings agencies are very conservative, and Moody’s is no exception.

Stock Commentary

Moody's turns 'negative' on UnionBank after acquiring Citi assets

By Ramon Royandoyan | January 20, 2022 - 4:50pm

Moody's Investor Service noted that UnionBank's solvency will weaken once the acquisition is completed.

Business

Deal with Citi 'credit positive' in the long haul for UnionBank

By Ramon Royandoyan | January 4, 2022 - 5:39pm

CreditSights said UnionBank will benefit from the injection of its Citi's local consumer assets into its pool.

Business

Union Bank confirms preliminary discussions with Citigroup to acquire retail banking assets

December 3, 2021 - 8:31am

Looks like there’s an awful lot of smoke around UBP right now on this deal.

Stock Commentary

UnionBank outperforms PSEi as investors cheer talks with Citi

By Ramon Royandoyan | December 2, 2021 - 1:58pm

UnionBank rallied 6.42% to close at P111 each, outperforming 1.23% gains of the main index.

Business

Citigroup to end consumer banking business in Philippines

April 16, 2021 - 10:09am

Citigroup announced on Thursday it will exit 13 international consumer banking markets, including the Philippines, as it joined...

Business

Market fails to sustain cheery mood

By Iris Gonzales | December 18, 2015 - 9:00am

The local stock market’s rally, inspired by the US Federal Reserve’s well telegraphed rate hike decision, was...

Business