BPI cuts branches

Good morning. It has been an eventful few days in the world of business. This Labor Day, let us help you get ready for the work week by making sense of the past headlines.

BPI continues to cut its branch network following its merger with Robinsons Bank. We don't have word yet as far as employee sentiment goes, but hopefully it's not as grim as DBP employees wearing black bands to work.

The plot thickens for one legal eagle and his marriage troubles. It's never pleasant to see a partnership end, but with one conclusion comes another beginning, such as that of the incoming brass in PLDT.

Good news abounds in the world of transport as oil firms roll back fuel prices by up to P1.40 per liter, a welcome development as Cebu Pacific revives its Clark hub and the the Aboitiz Group eyes three new airport deals.