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Maybank named the most valuable bank brand in Malaysia at US$2.548bil

30 March 2017

KUALA LUMPUR: Malayan Banking Bhd (Maybank) has strengthened its brand position by being crowned as the most valuable Malaysian bank brand and among the top 5 Asean bank brands in the global brand rankings of the Top 500 Banking Brands 2017, published by the global brand valuation and strategy consulting firm, Brand Finance.

CIMB Group stresses zero tolerance for breaches of law

30 March 2017

KUALA LUMPUR: CIMB Group Holdings Bhd had on Thursday issued a strongly-worded statement that it would take the appropriate action against staff found guilty of breaking the law in any market in which it operates.

Westinghouse files for bankruptcy

30 March 2017

WILMINGTON: Toshiba Corp’s US nuclear unit, Westinghouse Electric, filed for Chapter 11 bankruptcy in New York court after the Japanese company warned of a possible US$6.2bil writedown on the nuclear energy business

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