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Teodoro Borlongan
Teodoro C. Borlongan (April 15, 1955 – April 11, 2005) was the last president of the Urban Bank and was unofficially known as one of the leading bankers in the Philippines. Borlongan was named one of the ''Ten Outstanding Young Men'' for domestic banking in 1993. He graduated cum laude from the Honors Economics program of the Ateneo de Manila University in 1978. In the 1980s, he became president of Urban Bank, which he turned into one of the largest banks in the Philippines during his long tenure there. Court cases, however, forced the Bangko Sentral ng Pilipinas to shut it down on April 26, 2000. Over the years that followed, the numerous court cases that came upon Borlongan, including charges of economic sabotage—then punishable by the death penalty, and what he thought was his failure to obtain justice from those who he accused as allegedly responsible for Urban Bank's permanent closure ultimately drove him into depression. On April 11, 2005, he brought flowers to the graves ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Urban Bank
Urban Bank (PSE: UBI), also known by its initials (and ticker symbol) UBI, was a middle-sized bank in the Philippines. The bank, along with its two subsidiaries, declared a voluntary bank holiday for failing to meet withdrawals and was consequently closed by the Bangko Sentral ng Pilipinas and put under the mandatory receivership of the Philippine Deposit Insurance Corporation on April 26, 2000. It merged with Export and Industry Bank in 2001. History Urban Bank was incorporated on July 8, 1980, as a private development bank. Later that year, the bank opened as a one-branch thrift bank in what is today Pasig. In 1987 it became the first non-commercial bank to list on the Manila Stock Exchange and the Makati Stock Exchange (now the Philippine Stock Exchange) under the ticker symbol UBI. After its closure and subsequent merger with Export and Industry Bank, Urban Bank shares were re-listed on the PSE under Exportbank's ticker symbolEIB In 1995 it became the first Philippine bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Las Vegas, Nevada
Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Vegas Valley metropolitan area and is the largest city within the greater Mojave Desert. Las Vegas is an internationally renowned major resort city, known primarily for its gambling, shopping, fine dining, entertainment, and nightlife. The Las Vegas Valley as a whole serves as the leading financial, commercial, and cultural center for Nevada. The city bills itself as The Entertainment Capital of the World, and is famous for its luxurious and extremely large casino-hotels together with their associated activities. It is a top three destination in the United States for business conventions and a global leader in the hospitality industry, claiming more AAA Five Diamond hotels than any other city in the world. Today, Las Vegas annually ranks as one ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
