UnionBank buys Citi's consumer business in Philippines
Union Bank’s capital buffers to weaken following Citi purchase: analyst
Any potential earnings boost remain uncertain; whilst reduced capital will take years to rebuild.
Union Bank’s capital buffers to weaken following Citi purchase: analyst
Any potential earnings boost remain uncertain; whilst reduced capital will take years to rebuild.
UnionBank to buy Citi’s Philippine consumer banking franchise for $908m
Around 1,750 Citi employees are expected to transfer to UnionBank.
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The Future of Payments: Ensuring Stability, Embracing Innovation
Co-Written / Partner
As technology continues to evolve, financial institutions must persist with refining seamless and secure payment experiences for consumers.
Co-Written / Partner
The Future of Payments: Ensuring Stability, Embracing Innovation
As technology continues to evolve, financial institutions must persist with refining seamless and secure payment experiences for consumers.
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