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Why MacArthur banked with Philtrust

Manila Bulletin

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October 21, 2025

The Philippine Trust Co., known today as Philtrust Bank, secured its reputation as an unshakeable financial custodian early in its history, a fact underscored by its relationship with one of the era's most towering figures: General Douglas MacArthur.

While Philtrust is now a universal bank, Philtrust’s origins as the nation's premier trust institution in 1916 provided the stability and confidential service that attracted elite and institutional clients—including the future Supreme Commander of the Allied Powers. Founded on Oct. 21, 1916, Philtrust was established not as a primary commercial lender, but as the Philippines’ first dedicated trust company.

MÁS HISTORIAS DE Manila Bulletin

Manila Bulletin

DFA chief, Timor-Leste FM to hold bilateral talks ahead of ASEAN meet

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time to read

1 min

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time to read

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Coach Wilson hopes not to resort to shouting again

time to read

1 mins

October 22, 2025

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time to read

2 mins

October 22, 2025

Manila Bulletin

Installation of modular houses for Davao Oriental quake victims in full swing

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time to read

1 min

October 22, 2025

Manila Bulletin

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Trump says he’s doubtful Ukraine can win the war with Russia as he prepares for Putin meeting

President Donald Trump said Monday that while he thinks it is possible that Ukraine can defeat Russia, he's now doubtful it will happen.

time to read

1 mins

October 22, 2025

Manila Bulletin

Retirement funds gain new investment path

The Bangko Sentral ng Pilipinas (BSP) has lifted a foreign ownership limit on retirement funds, allowing most personal equity and retirement account unit investment trust funds (PERA UITFs) to purchase central bank securities and diversify the savings of overseas Filipinos.

time to read

1 mins

October 22, 2025

Manila Bulletin

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Why saving languages is a form of environmentalism

We understand that when a species goes extinct, we lose a unique thread in the web of life.

time to read

2 mins

October 22, 2025

Manila Bulletin

How to prevent breast cancer from coming back

Lifestyle factors that have protective effects against cancer recurrence

time to read

2 mins

October 22, 2025

Manila Bulletin

Put in charge

The Gospel speaks of a steward who is in charge of his master’s property, including other servants.

time to read

1 mins

October 22, 2025

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