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The Winchester Savings Bank was established by the Massachusetts Legislature and incorporated on March 3, 1871. The first meeting of the Corporators was held in Lyceum Hall (the building at the corner of Main and Mt. Vernon Streets in Winchester) on July 11, 1871.
The current bank is the product of the Banco de Oro–Equitable PCI Bank merger.The boards of both banks agreed to merge on December 27, 2006. The new BDO Unibank retained the ticker symbol of the old Banco de Oro, and 1.3 billion BDO shares were issued in exchange for 727 million Equitable PCI Bank shares.
BDO Network Bank (BDO NB), formerly known as One Network Bank (ONB), is a rural bank in the Philippines.Established in 2004 through the consolidation of Network Rural Bank of Davao del Sur, the Rural Bank of Panabo of Davao del Norte, and the Provident Rural Bank of Cotabato, ONB is the largest rural bank in the Philippines in terms of assets, with a network of 96 branches in Mindanao, 1 ...
From late November to early December 2021, [1] numerous accountholders of BDO Unibank (Banco de Oro; BDO) lost their money through unauthorized bank transfers.The funds were noted to have been transferred to multiple Unionbank accounts under the name of a certain "Mark Nagoyo".
BDO Italia SpA is an audit firm in Italy and it is the Italian member firm of BDO International. In 2024 BDO had 14 offices across Italy, with 1,200 professionals and over 80 partners. The firm offers auditing, ESG consultancy, M&A advisor, tax and law services to organisations in the private and public sectors and is the 5th largest audit firm ...
On January 6, 2006, Banco de Oro Universal Bank submitted a merger offer to the bank, with Banco de Oro as the surviving entity. Under the proposed offer, Banco de Oro would swap 1.6 of its shares for every 1 share of Equitable-PCI (The merger occurred, but BDO Shareholders were to swap 1.8 BDO shares for every EPCI share).
During this timeframe, BDO International was created and has grown to become the fifth largest accounting and consulting network in the world with over 1,591 member firm offices in 162 countries. [8] In February 2009, BDO USA, P.C. launched the firm's first-ever national advertising campaign: "People Who Know, Know BDO".
The deal was successfully closed on December 20, 2005, further solidifying BDO's position in the banking landscape. [ 3 ] Banco de Oro's wave of acquisitions during this period earned it the distinction of being the most aggressive bank in terms of mergers and acquisitions, a title previously held by Equitable Banking Corporation , in the 1990s.