Sandiganbayan Okays Pnb, Allied Bank Merger

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Mr Lee
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Seems the banks in the Philippines are trying to strengthen themselves ahead of any major problems, maybe they will not suffer the same fate as the US banks but will it help consumers to only have a few banks to do business with, such as now in the states?MANILA, Philippines - The Sandiganbayan has reaffirmed its decision to allow the merger of Lucio Tan

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TheMason
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If nothing else, the govt. is persistent. They've been trying to get Tan's "ill-gotten wealth" for nearly 25 years. Too bad they don't have the same staying power when it comes to building roads or flood control systems.

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