Union Bank's digital asset platform, developed by Swiss firm Metaco, went live last week, offering trading in bitcoin and ether.
November 10, 2022UOB subsidiaries reached agreements in January to acquire Citigroup’s consumer banking businesses in Malaysia, Indonesia, Thailand and Vietnam.
September 20, 2022GoTyme Bank, a joint venture of digital banking group Tyme and members of the Gokongwei Group of companies, was awarded a Certificate of Authority.
August 5, 2022UnionDigital Bank commenced operations on Monday after receiving the BSP's green light for the launch last week.
July 20, 2022The DOJ and BAP will collaborate on stronger measures to combat online fraud, including to enhance enforcement and prosecution of cybercriminals.
February 7, 2022The acquisition, expected to close in mid-2023, will make DBS the largest foreign bank in Taiwan by assets.
January 31, 2022The transaction is estimated to reduce UOB's CET1 ratio by 70 basis points to 12.8 percent, which is considered not material and "well within regulatory requirements".
January 17, 2022A BSP task force will submit recommendations to the Monetary Board by mid-January 2022, which may include sanctions and penalties for the involved banks.
December 23, 2021Some 700 customers of BDO Unibank have suffered losses due to a hack. The BSP said it will ensure remedial measures are undertaken.
December 16, 2021