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Monthly Archives: January 2021

UnionBank income down 17.4%

UNIONBANK of the Philippines, Inc. booked a lower net income last year on increased loan loss provisions due to the pandemic. — FACEBOOK/UBP.UNIONBANK.PLAZA UNIONBANK of the Philippines, Inc. saw its net profit drop in 2020 despite higher net interest income, as it ramped up its loan loss provisions to safeguard …

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UK bankers face location limbo on Brexit

Photographer: Simon Dawson/Bloomberg  YOUNG BANKERS waiting to learn when or whether they might be relocated to the European Union (EU) can take some solace from the fact that oftentimes, their bosses also don’t know their own fate. A senior banker hired to work in London last year was asked just …

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