Record earnings in the banking business lifted the nine-month net profit of Ayala Corp., the country’s oldest conglomerate, by 5 percent to P34 billion. Excluding one-time gains, the Zobel family-led firm’s core earnings climbed by 19 percent to P36.7 billion, Ayala said in a stock exchange filing on Wednesday. READ: Ayala to sell 50% stake Read The Rest at :