UnionBank Raising Up To $1.1 Billion To Fund Acquisition Of Citigroup’s Philippine Consumer Banking Unit
A pedestrian walks in front of Citibank’s office in the financial district of Makati suburban Manila … [+] on November 18, 2008. Asian shares fell November 18 on mounting fears of an extended global recession after US banking giant Citigroup announced 50,000 job cuts, about 20 percent of its global workforce from its peak level… More