MANILA, Philippines — London-based debt watchdog Fitch Ratings has upgraded its “viability rating” on five of the Philippines’ largest banks, offering a rosier view of these lenders ...

BDO, the Philippines largest bank by assets, said it is one of the Asian banks involved in an investigation into about 1.9 billion euros ($2.1 billion) of missing cash at Germany s Wirecard AG.

THE PHILIPPINE banking system is seen to remain resilient amid support from a strong macroeconomic environment, Moody’s Ratings said, with profits expected to be stable amid robust credit growth. “We ...