HSBC Holdings plc, originally The Hongkong and Shanghai Banking Corporation, and known locally as HongkongBank in Hong Kong, Canada and Australia during the early 1980s to late 1990s, is a British universal bank and financial services group headquartered in London, England, with business links to East Asia and a multinational footprint. It is the largest Europe-based bank by total assets, ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 trillion in assets under custody (AUC) and $4.9 trillion in assets under administration (AUA).
Financial services are economic services tied to finance provided by financial institutions. Financial services encompass a broad range of service sector activities, especially as concerns financial management and consumer finance.
The Manila Electric Company, also known as Meralco, is an electric power distribution company in the Philippines. It is Metro Manila's only electric power distributor and holds the power distribution franchise for 22 cities and 89 municipalities, including the whole of Metro Manila and the exurbs that form Mega Manila.
Globe Telecom, Inc., commonly shortened as Globe, is a major provider of telecommunications services in the Philippines. The company operates the largest mobile network in the Philippines and one of the largest fixed-line and broadband networks. As of November 2023, Globe has 54.7 million subscribers, making it the second largest network in terms of subscriber base.
The Bank of the Philippine Islands is a universal bank in the Philippines. It is the first bank in both the Philippines and Southeast Asia. It is the fourth largest bank in terms of assets, the second largest bank in terms of market capitalization, and one of the most profitable banks in the Philippines.
BDO Unibank, Inc., commonly known as Banco de Oro (BDO), is a Philippine banking company based in Mandaluyong. In terms of total assets, the firm is the largest bank in the Philippines and 15th largest in Southeast Asia as of March 31, 2016. BDO Unibank is also a member of SM Group. It is also the largest bank in the country by market capitalization.
China Banking Corporation, commonly known as Chinabank, is a Filipino bank established in 1920. It was the first privately owned local commercial bank in the Philippines initially catering to the banking needs of Chinese Filipino entrepreneurs. The bank offers a wide range of banking services, including deposits, investments, trust, cash management, remittance, and loans. It also offers insurance brokerage, stock brokerage, and bancassurance services through its subsidiaries and affiliate.
The Rizal Commercial Banking Corporation, commonly known as RCBC, is one of the largest universal banks in the Philippines with total consolidated resources of Ph₱ 1.2 trillion. It was established in 1960 as a development bank and is licensed by the Bangko Sentral ng Pilipinas (BSP) for both commercial and investment banking. It is currently headquartered at RCBC Plaza in Makati, Metro Manila.
The Asia-America Gateway (AAG) is a 20,000-kilometre (12,000 mi) long submarine communications cable system, connecting South-East Asia with the mainland of the United States, across the Pacific Ocean via Guam and Hawaii.
The Philippine one hundred-peso note (₱100) is a denomination of Philippine currency. Philippine president Manuel A. Roxas is currently featured on the front side of the bill, while the Mayon Volcano and the whale shark are featured on the reverse side.
The 2012 RBS computer system problems were technical issues affecting computers run by the Royal Bank of Scotland Group, including National Westminster Bank, The Royal Bank of Scotland and Ulster Bank, which began on 19 June 2012.
The Guang Da Xing No. 28 incident was a fatal shooting incident that occurred on 9 May 2013 involving the 15-ton Taiwanese fishing boat Guang Da Xing No. 28 and the 90-ton Philippine Coast Guard patrol boat Maritime Control Surveillance 3001, resulting in the death of a 65-year old Taiwanese fisherman Hung Shih-cheng (洪石成) by gunfire from the Philippine vessel.
The 2015 Metro Manila Film Festival (MMFF) is the 41st edition of the annual Metro Manila Film Festival held in Metro Manila and throughout the Philippines. It organized by the Metropolitan Manila Development Authority (MMDA, a government agency. During the festival, no foreign films are shown in Philippine theaters.
The Bangladesh Bank robbery, also known colloquially as the Bangladesh Bank cyber heist, was a theft that took place in February 2016. Thirty-five fraudulent instructions were issued by security hackers via the SWIFT network to illegally transfer close to US$1 billion from the Federal Reserve Bank of New York account belonging to Bangladesh Bank, the central bank of Bangladesh. Five of the thirty-five fraudulent instructions were successful in transferring US$101 million, with US$81 million traced to the Philippines and US$20 million to Sri Lanka. The Federal Reserve Bank of New York blocked the remaining thirty transactions, amounting to US$850 million, due to suspicions raised by a misspelled instruction. As of 2018, only around US$18 million of the US$81 million transferred to the Philippines has been recovered, and all the money transferred to Sri Lanka has since been recovered. Most of the money transferred to the Philippines went to four personal accounts, held by single individuals, and not to companies or corporations.
The Resorts World Manila attack was an attack that took place at the Resorts World Manila entertainment complex in Newport City, Pasay, Philippines. 38 were killed and 70 were injured when a gunman caused a stampede after he set fire to casino tables and slot machine chairs around midnight on June 2, 2017. The gunman moved to a storage area to steal casino chips from the venue but later committed suicide following a confrontation with the responding police. Nearly all of the attack's deaths and injuries resulted from the initial stampede and smoke inhalation from the fire.
The 2019 Reed Bank incident occurred when F/B Gem-Ver, a Philippine fishing boat anchored in Reed Bank in the South China Sea, sank after it was rammed by a Chinese vessel, Yuemaobinyu 42212, during the early morning hours of 9 June 2019. The stricken vessel's crew was later rescued by a Vietnamese fishing vessel.
GCash is a Philippine mobile payments service owned by Globe Fintech Innovations, Inc., and operated by its wholly-owned subsidiary, G-Xchange, Inc.
In late 2021, at least 700 account holders of the Philippine bank Banco de Oro (BDO) lost their money through unauthorized bank transfers.
On January 1, 2023, at 9:49 a.m. Philippine Standard Time, the Civil Aviation Authority of the Philippines (CAAP) detected issues with its Air Traffic Management Center (ATMC) at Ninoy Aquino International Airport (NAIA) in Pasay, Metro Manila. Electrical problems brought the center's radios and radars offline. Shortly after, nearly all flights towards major airports in the Philippine airspace were put on hold or diverted. Flights that were about to enter the Philippine airspace were either diverted to neighboring countries, returned to point of origin, or rerouted to neighboring airspaces. By noon, no commercial aircraft were inside the Philippine airspace. Around 282 flights to and from various Philippine airports and over 56,000 passengers, many of whom were travelling to or from the country following the New Year's Day holiday, were affected.
On September 8, 2023, a suspected theft incident was reported by a departing Chinese national at Ninoy Aquino International Airport in Metro Manila, Philippines.
