Citigroup has reportedly selected the Union Bank of Philippines as its preferred bidder for its consumer banking assets in the country. Citi has chosen Union Bank as its preferred bidder for a potential sale valued at an estimated $1 billion, according to a…
Union Bank’s fintech subsidiary UBX is expanding its operations in Singapore as it eyes growth in Asia. UBX, the financial technology venture studio and fund of Union Bank, hopes its Singapore headquarters will be a bridge for startups to enter the Philippine…
Major Philippines lender Union Bank has completed the first-ever blockchain-based remittance in the nation from OCBC in Singapore. The bank reportedly used an Ethereum-powered liquidity management system alongside its own proprietary i2i platform to complete…