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CITIGROUP Islamic banking vehicle, Citi Islamic Investment Bank E.C. (CIIB), aims to strengthen its position in the global Islamic banking business through its diversified range of alternative Islamic products and services for the international market.
THE Bahrain Monetary Agency (BMA) has appointed Citi Islamic Investment Bank (CIIB), Bahrain and Citigroup Global Markets Ltd (CGML) to arrange, structure and lead manage its upcoming US$250mil Sukuk issue.
B>LONDON:/B HSBC, the world's second largest bank by market value, has begun to shed corporate finance and other investment banking staff as part of a restructuring.
JOHOR will pose competition to Singapore when Labuan offshore companies set up marketing offices in the state, but this can only work to Malaysia#039;s advantage if red tape were to be reduced, Ernst amp; Young Tax Consultants Sdn Bhd executive director Lee Choong San said.
THE Malaysian Employers Federation (MEF) has described the proposed Budget 2004 as a challenge for the corporate sector to move into a higher level of development with an emphasis on greater use of information technology (IT) and skilled manpower.