Philippines

Citi

BDO Capital

Security Bank

President Ferdinand Marcos Jr’s latest policy splash is the $8.8 billion Maharlika Investment Fund, a sovereign wealth vehicle that aims to boost growth and inward investment. But it has drawn criticism, even within Marcos’s family. Many highlight the cautionary tale of Malaysia’s 1MDB, and fret about the capacity for corruption and poor governance.

BPI Capital

Greg Krasnov, a banker from war-torn Ukraine, is shaking up finance in the Philippines with the assistance of his digital neobank.

The Philippines has the potential to become a regional wealth management hub. The race is on among global and local private banks to attract – and keep - the country’s newly wealthy.

The 33rd annual Asiamoney Brokers Poll is a Vox Populi poll that identifies the leading brokerages for equities research, sales and trading in Asia. Voters are institutional investors who represent fund management firms, wealth managers, hedge funds, pension funds, and insurance companies that trade in Asia.

What does a new government hold for the Philippine economy and its banks? There are plenty of concerns – mingled with some optimism that the president may help steady the ship.