RHB Bank is said to hire UBS James Yeo as regional head of M&A

CIMB Research regards RHB Bank as one of the biggest beneficiaries of the rate hike, together with Alliance Bank.

KUALA LUMPUR: RHB Bank Bhd, the fifth-biggest Malaysian lender by market value, has hired UBS Group AG’s James Yeo as regional head of mergers and acquisitions, people with knowledge of the matter said.

Yeo, who was head of institutional client coverage for Southeast Asia at UBS Asset Management, will be based in Kuala Lumpur, according to the people.