Category: Business

Banking luminary Xavier ‘XP’ Loinaz; 82

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  • 2025 年 10 月 5 日
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When American investment bank Lehman Brothers collapsed during the 2008 global financial crisis, seven Philippine banks—with combined exposure amounting to $386 million—had to bite the bullet. Ayala-led Bank of the Philippine Islands (BPI) wasn’t one of them. That BPI was the only major bank that emerged unscathed from the mortgage subprime crisis was largely due

Maynilad secures UK support for IPO

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  • 2025 年 10 月 5 日
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MANILA, Philippines – Maynilad Water Services Inc. has secured the support of the United Kingdom for its upcoming stock market debut, signaling strong demand for what would be the country’s largest—and last—initial public offering (IPO) this year. In its preliminary prospectus dated Oct. 3, Maynilad said it now had a cornerstone investment agreement with the