First Metro Investment Corp. (FMIC), part of the Metrobank Group, finalized the sale of its 70-percent stake in First Metro Asset Management Inc. to ATRAM Group through a deed of absolute sale signed on Dec. 18, 2024.
Acquisitive ATRAM Group is taking over the trust assets of the Aboitiz family-led banking giant Union Bank of the Philippines in a deal that would create one of the country’s largest wealth management groups.