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+ Follow DA KING AND DA PING Tag
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[ArticleID] => 236009
[Title] => Banking on vengeance
[Summary] => Sometime in November last year, there were fresh rumors leaked about some infighting between shareholders and the upper management of a 64-year-old bank on Ayala Avenue. This resulted in heavy withdrawals, forcing one of its majority shareholders to seek the assistance of his powerful taipan-in-law, Lucio Tan. After the supposed consultation, the banker allegedly infused P3 billion to rescue the bank. However, according to our ear-spies, the controversy did not end right away because some members of the upper management of the bank were still curious about the leak and where it came from.
[DatePublished] => 2004-01-22 00:00:00
[ColumnID] => 135728
[Focus] => 0
[AuthorID] => 1730160
[AuthorName] => S.A. Maguire
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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DA KING AND DA PING
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[results] => Array
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[ArticleID] => 236009
[Title] => Banking on vengeance
[Summary] => Sometime in November last year, there were fresh rumors leaked about some infighting between shareholders and the upper management of a 64-year-old bank on Ayala Avenue. This resulted in heavy withdrawals, forcing one of its majority shareholders to seek the assistance of his powerful taipan-in-law, Lucio Tan. After the supposed consultation, the banker allegedly infused P3 billion to rescue the bank. However, according to our ear-spies, the controversy did not end right away because some members of the upper management of the bank were still curious about the leak and where it came from.
[DatePublished] => 2004-01-22 00:00:00
[ColumnID] => 135728
[Focus] => 0
[AuthorID] => 1730160
[AuthorName] => S.A. Maguire
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
By S.A. Maguire | January 22, 2004 - 12:00am
Recommended
Senators are expected to go into caucus today in an attempt to resolve the question on the conviction threshold for Vice President Sara Duterte’s impeachment trial.
8 hours ago
House prosecutors are expected to focus on conflict of interest arising from Vice President Sara Duterte’s alleged businesses as the impeachment trial resumes today.
9 hours ago
The House prosecution panel is preparing witnesses to testify on Vice President Sara Duterte’s declared business interests, possible government contracts and registered firearms for this week’s impeachment hearings.
1 day ago
The impeachment court trying Vice President Sara Duterte may defer resolving the voting threshold question to give senators more time to study the issue, Sen. Panfilo Lacson said yesterday.
1 day ago
Senate President Sherwin Gatchalian urged his fellow lawmakers yesterday to try commuting to work, inspired by a Department of Transportation policy requiring key DOTr officials to experience the daily troubles of the riding public firsthand.
2 days ago
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