‘Too big to fail:’ Hontiveros, Gatchalian worry over DBP-Landbank merger
MANILA, Philippines —Two senators have cautioned the government that merging two state-run banks would create a “super monopoly” or a financial behemoth “too big to fail.” On Tuesday, Finance Secretary Benjamin Diokno disclosed that the planned merger of the Land Bank of the Philippines (Landbank) and the Development Bank of the Philippines (DBP) already got […]
The post ‘Too big to fail:’ Hontiveros, Gatchalian worry over DBP-Landbank merger appeared first on Inquirer News.
Tags : hontiveros gatchalian worry landbank merger
Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Money Nations does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.