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KUALA LUMPUR: Maybank Investment Bank has confirmed Tengku Datuk Zafrul Tengku Abdul Aziz's resignation as CEO after a three-year tenure.
PETALING JAYA: The sudden resignations at Maybank Investment Bank Bhd (Maybank IB) would not be disruptive to its business for now, analysts said, although they noted that new hires to replace the departing executives would have “big shoes to fill”.
PETALING JAYA: RHB Capital Bhd (RHB Cap), the fourth largest banking group in the country, may abort its plans to acquire 40% stake in Bank Mestika Dharma of Indonesia for RM651mil, a move which will delay its expansion into the country, according to analysts.
KUALA LUMPUR: Malayan Banking Bhd (Maybank) posted a net loss of RM1.12bil in its fourth quarter, hit by an impairment bill ofb/b>RM1.73bil from the acquisition of banking assets in Indonesia and Pakistan, but sees a much better performance in its current financial year.
PETALING JAYA: Malayan Banking Bhd's (Maybank) Indonesian banking unit - PT Bank Internasional Indonesia Tbk (BII) - has recorded a 66% increase in net profit to 922 billion rupiah (RM293.8mil) for the nine months ended Sept 30.