Companies like CIMB Group Holdings Bhd, Hong Leong Financial Group Bhd (HLFG) and AmBank Group Bhd may have to beef up their capital structures by 2019.
PETALING JAYA: Following the proposed acquisition of Jupiter Securities and the eventual stake sale of CIMB Securities International (CSI), CIMB Group
’s overall cost-to-income ratio is due to be enhanced, but with minimal impact to its earnings, said Maybank Investment Bank (IB) Research.
In a research report yesterday, Maybank IB Research said CIMB’s stockbroking earnings were negligible, with a high cost-to-income ratio.
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