Q2 2025 Union Bank of the Philippines Earnings Call Transcript
Good afternoon. Welcome to Union Bank's earnings results briefing for the first half of 2025. My name is Jackie De Jesus, and I will be your moderator for today's call. (Operator Instructions)
Number 3, this briefing will be recorded. By joining this session, you will consent to your name, voice, image, and chat comments being recorded for use and dissemination.
For today's call, Dominic Banal, the Trading Head for Global Markets, will kick us off with Union Bank's macroeconomic and industry outlook. After, Union Bank's CFO, Demi Lozano will present the bank's financial performance. With that, let me turn you over to Dominic.
Thank you, Jackie, and good afternoon, everyone. Let's go to the first slide, please. So in the latest FOMC meeting, rates were left unchanged as predicted by the market. It was a rather hawkish press conference, which included a quote from Fed Chair Powell that you could say Fed was looking through
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