BPI to Set Up Trading Platform in London

Bank of the Philippine Islands (PSE: BPI), the banking arm of Ayala Corp. (PSE: AC), plans to set up a trading platform in London that will tap securities from foreign exchanges.

Antonio Paner, BPI executive vice president and global markets head, said the company is on the process of increasing its income stream out of its foreign subsidiaries, including a trading platform in London through BPI Europe PLC.

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Source: Manila Bulletin

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