When sending cash remittances or wire transfer to a bank account in the Philippines (such as BDO, BPI, Metrobank, Landbank, DBP, etc.), you’ll surely need … Read More
Banco de Oro (BDO), the Philippines’ largest bank in terms of assets and deposit base, has announced that it is acquiring the local trust business of German financial services company Deutsche Bank.
In a disclosure submitted to the Philippine Stock Exchange, BDO said the deal covers the trust, fiduciary and investment management activities of Deustche Bank AG Manila branch.
When issuing stock recommendations, brokers and analysts may use the same terminologies but may differ in the meaning of the recommendations.
For example, a “Buy” rating — as opposed to “Strong Buy” — may mean that the stock is “projected to increase in value in a longer-term duration”, while “Strong Buy” may mean that the stock will “appreciate in value in the next 12 months”.
