Monday, May 4, 2026
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Tag: money laundering scam

RCBC plans to appeal New York court’s decision to hear $81-m laundering case

Rizal Commercial Banking Corp. said Monday it may appeal the decision of the Supreme Court of the State of New York that denied its...

Bangladesh suit baseless, PR campaign, says RCBC

Rizal Commercial Banking Corp., the 10th largest lender in terms of assets, said the suit filed against it by the Bangladesh central bank in...

RCBC executives deny link to laundering

Rizal Commercial Banking Corp. said Tuesday it is confident any complaints filed by the Anti-Money Laundering Council against its officials in connection with the...

Four more big Asian banks eye PH license

FOUR more big Asian banks are interested to expand in the Philippines as the country continues to attract foreign investments despite the $81-million money...

Fitch expects RCBC to remain profitable

Global debt watcher Fitch Ratings said it expects Rizal Commercial Banking Corp. to remain profitable despite the P1-billion penalty imposed by Bangko Sentral ng...

BSP revokes Philrem’s permit

The Monetary Board, the policy-making body of Bangko Sentral ng Pilipinas, said Wednesday it cancelled the certificate of registration of remittance company Philrem Service...
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