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Man wants $140, broken US ATM spits out $37,000

atm

A malfunctioning automated bank machine has dispensed $37,000 in cash to a man who requested $140.

Posted: April 5th, 2014 in Latest News Stories,World | Read More »

Ex-bank exec nabbed

A former rural bank manager who was sued for qualified theft in October last year by the Philippine Deposit Insurance Corp. was arrested by police on Tuesday.

Posted: April 5th, 2014 in Headlines,Regions | Read More »

Police, gang members exchange fire in Pasay

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pasay city map

Alleged members of the Acetylene Gang were caught Tuesday by the police inside a sewer near a bank and a pawnshop in Pasay City.

Posted: February 5th, 2014 in Latest News Stories,Metro | Read More »

Chinese man with fake US bank claim gets life

china map

A Chinese rice trader who shot to fame last year over a bogus claim that he had purchased a US bank was sentenced Tuesday to life in prison on conviction of falsifying invoices to evade taxes.

Posted: November 20th, 2013 in Latest News Stories,World | Read More »

San Fernando bank closes, stuns clients

Nearly 500 depositors of the Rural Bank of San Fernando Inc. in Cebu were stunned to find their bank closed yesterday.

Posted: July 6th, 2013 in CDN - News,Cebu Daily News | Read More »

Bank guard killed in gun accident

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quezon-city

A security guard died of a gunshot wound after his loaded service revolver fired when it accidentally fell on the floor inside a bank in Quezon City on Saturday.

Posted: March 17th, 2013 in Latest News Stories,Metro | Read More »

Illegal logging caused floods

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When Typhoon “Pablo” struck, the illegally cut logs on the mountains of Baganga and Cateel towns in Davao Oriental province crashed into the bald mountain slope, floated on the swollen river, bulldozed houses on the riverbanks and rammed into bridges.

Posted: December 13th, 2012 in On Target | Read More »

Lucena City shaken by daring bank robbery; 3 guards killed

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Three bank guards were about to board an armored van when seven men wielding assault firearms suddenly alighted from a Toyota Revo and shot them. Two were killed on the spot while the third died in the hospital.

Posted: August 1st, 2012 in Featured Columns,Headlines,Regions | Read More »

Postal Bank waits for court order; Cebu city can’t touch P124M deposit

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Only a court order will compel the Philippine Postal Bank to lift its tagging of accounts of the Cebu city government amounting to P124.16 million.

Posted: July 14th, 2012 in CDN - News,Cebu Daily News | Read More »

Bank robbed by its own security guard

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Here’s one guard who lived up to the name of the security firm he worked for, just not in the way its owners would probably have wanted their workers to.

Posted: May 26th, 2012 in Headlines,Metro | Read More »

3 ways for banking sector to help country ‘move forward’

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THE NEW president of the Bankers Association of the Philippines outlined three main thrusts of the banking industry to complement the economic growth of the country.

Posted: May 18th, 2012 in CDN - Enterprise,Cebu Daily News | Read More »

PDIC takes over troubled bank

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She was supposed to deposit some money to the Export Industry Bank (EIB) at lunch yesterday when Renita Tahil received some unexpected news.

Posted: April 28th, 2012 in CDN - News,Cebu Daily News | Read More »

‘Failed’ bank burglar got in, out thru roof

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A burglar broke into a branch of the Bank of the Philippine Islands (BPI) on Sucat Road, Parañaque City, before dawn on Wednesday by making an opening through the roof, but apparently left empty-handed, police said.

Posted: March 2nd, 2012 in Headlines,Metro | Read More »

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