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Customers sue FTX co-founder as part of Chapter 11 case

CUSTOMERS of failed cryptocurrency exchange FTX sued in bankruptcy court in hopes of being first in line to recover some of the billions lost in the meltdown of Sam Bankman-Fried’s digital-asset empire. A group of four FTX customers asked a bankruptcy judge last Tuesday to rule their holdings in the…

The Development Center for Finance @ 30 - BusinessMirror

“Live as if you were to die tomorrow. Learn as if you were to live forever.” Mahatma Gandhi ON December 10, 2022, the Development Center for Finance (DCF) celebrated its 30th anniversary at the North Alumni Court, Cesar E. A. Virata School of Business, University of the Philippines, Diliman, Quezon…

GCash offers shopping protection amid report on online scam surge

CHRISTMAS is over but the holiday spirit continues with various sales promos available both online and offline. As more local consumers still prefer to purchase on the web to avoid traffic jams and mall queues, swindlers on the internet are also on the rise.  In fact, TransUnion’s study on global…

Bills Pay PH launched

BSP Deputy Governor Mamerto Tangonan (middle) in the live demonstration of a utility bill payment. During the new payment facility’s launch, Bangko

Top Japan bankers see negative rates to stay

TOP executives at Japan’s biggest banks are expecting negative interest rates to linger and see little immediate earnings boost after a surprise move by the nation’s central bank pushed lenders’ shares up by 13 percent last week. Earnings won’t enjoy a meaningful lift unless the Bank of Japan scraps negative…

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