BIZ BUZZ: UnionBank-Citi honeymoon ‘better than expected’

Two years since taking over Citibank Philippines’ consumer and retail banking businesses —for which a P45-billion premium was paid— incoming Union Bank of the Philippines CEO Ana Maria Aboitiz-Delgado is happy with how the proverbial knot has been tied. To recall, the P72-billion acquisition was expected to speed up UnionBank’s penetration of the upscale consumer
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