Is there a place for PE funds in our banks?

HAS the time come for allowing the entry of private equity (PE) funds into ownership of Malaysian banks?

This question has surfaced yet again, amidst speculation surrounding the possible sale of Australia and New Zealand Banking Group Ltd’s (ANZ) stake in AMMB Holdings Bhd, where PE funds like TPG Capital, KKR and CVC Capital Partners to name a few have been reportedly expressed interest.