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The US Justice Department fined RBS over its role in the subprime housing crisis (AFP Photo/Daniel LEAL-OLIVAS/MANILA BULLETIN)

RBS profits almost wiped out on US fine

By Agence France-Presse Profits at Britain's Royal Bank of Scotland almost evaporated in the second quarter after a vast US fine over its role in…

The Fed is now chaired by Trump appointee Jerome Powell (r), whom Trump described as "a very good man" (AFP / MANILA BULLETIN)

Trump ‘not happy’ with Fed interest rates

By Agence France-Presse President Donald Trump criticized the US central bank in comments aired Thursday, saying its course of interest rate increases counteracted his efforts…

(MANILA BULLETIN)

Getting comfortable with automated banking

Automated banking has been a boon to some Filipinos. Electronic payments, money transfers, balance inquiries, and other transactions have been made faster and more secure…



A logo of the Bangko Sentral ng Pilipinas is seen at their headquarters in Manila, (REUTERS/Romeo Ranoco / MANILA BULLETIN)

Hot money outflows rise in June

By Lee Chipongian The central bank registered a higher net foreign portfolio investment or hot money outflows in June of $516 million compared to the…