biz.thestar.co.my - Analyst says Indonesia’s moves to impose new shareholding caps will have negative impact
PETALING JAYA: All eyes are now on Malaysia's two biggest banks, CIMB Group Bhd and Malayan Banking Bhd (Maybank), as speculation that Bank of Indonesia (BoI) plans to impose new caps on single-shareholder stakes in the country's commercial banks as early as this month has resurfaced.
The news that BoI was seeking to limit single-shareholder stakes for commercial banks was first reported in July last year.
Alliance
Research analyst Cheah King Yoong viewed such a development to be
potentially negative for CIMB and Maybank, given their majority stakes
in their respective Indonesian banks. (source)
Showing posts with label dbs bank. Show all posts
Showing posts with label dbs bank. Show all posts
Thursday, May 03, 2012
Tuesday, May 03, 2011
SINGAPORE - Islamic Bank Of Asia Appoints CEO
The Islamic Bank of Asia (IB Asia) has announced the appointment of Toby O’Connor, 45, as its Chief Executive Officer.
O'Connor will lead the growth of IB Asia by ramping up investment banking, especially capital markets and private equity, in line with the bank’s renewed focus on fee-income businesses. (full story)
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