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BDO Unibank denies M&A talks with Rizal Commercial Banking
Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them
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BDO UnibankInc. on April 4 denied a media report that said it was in talksabout a possible merger with RizalCommercial Banking Corp.
The bank was referring to a report that also said thatBank of the PhilippineIslands was considering a stake in Rizal Commercial Banking. Thetwo banks also deniedthe report.