Downside risks persist for CIMB, says Maybank IB Research

The latest bancassurance deal that came on the radar of investors was the strategic partnership between CIMB Group Holdings Bhd and Japan

KUALA LUMPUR : The recovery in CIMB Group Holdings Bhd's earnings for its first quaarter ended March 31 (Q1FY16) has been weaker than expected amid volatile capital markets, said Maybank IB Research.