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WALTER C. WASSMER — FIRST PHILIPPINE HOLDINGS CORP. WEBSITEPRESIDENT Ferdinand R. Marcos, Jr. has appointed banker Walter C. Wassmer to the Bangko Sentral ng Pilipinas’ (BSP) rate-setting body, according to a Palace statement.Prior to his appointment, Mr. Wassmer was a consultant and nonexecutive director of Sy-led

EDUARDO SOARES-UNSPLASHBy Luisa Maria Jacinta C. Jocson, ReporterTHE PHILIPPINE banking industry’s total assets jumped by an annual 12.4% as of end-May, Bangko Sentral ng Pilipinas (BSP) data showed.Banks’ combined assets increased to P25.62 trillion from P22.79 trillion a year ago, according to preliminary data.Month on