Bankers woo Maybank with deal ideas after CIMB merger move

Everybody is pitching M&A ideas, including a possible acqusition of Public Bank, but Maybank is very laidback at the moment about any such move, some analysts say.

SINGAPORE/KUALA LUMPUR: Investment banks are rushing to court Malayan Banking Bhd (Maybank) with a range of M&A (merger & acquisition) ideas, convinced its archrival's plan to acquire two lenders will push Malaysia's top bank to do a deal of its own.

CIMB Group Holdings' proposal to buy RHB Capital Bhd and Malaysia Building Society Bhd would make it the country's biggest bank by assets and give it an enviable lead in domestic loans.