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Business

RHB Investmnent Bank to announce new CEO soon

KUALA LUMPUR: A new head of RHB Investment Bank Bhd is expected to be announced within three months, according to its officer-in-charge, Mike Chan.

Business

Bank Negara plans new interest rate framework

BANK Negara will introduce a new interest rate framework within the next few months and make changes to its foreign exchange administration rules from April 1 which would, among others, allow unit trust companies to invest abroad.

Business

KLCI rallies 24pt at midday; HK soars

Blue chips surged in the morning session on Tuesday, in tandem with the strong key regional markets, as sentiment was boosted by JP Morgan's revised offer for Bear Stearns shares from US$2 to US$10 (RM6.40 to RM32).

Business

Aseambankers gets closer to clients

Aseambankers Malaysia Bhd flew over 40 fund managers and chief executive officers to Bali for a weekend to learn how to get closer to clients.

Business

AmMerchant bags top awards

AMMERCHANT Bank, a member of the AmBank group, has won several top awards given out by leading rating agencies to players from the debt capital and bond markets recently.

Business

Rentas to be operational over two phases

KUALA LUMPUR: The Financial Markets Committee (FMC) and Bank Negara have announced the operationalisation of segregated securities accounts via the Real-time Electronic Transfer of Funds and Securities System (Rentas) for payments to further develop the Malaysian bond market.

Business

Maybank IB is the best for 2nd time

Kuala Lumpur: Maybank Investment Bank Bhd (Maybank IB) has been named Malaysia’s Best Investment Bank by Euromoney Awards for Excellence, for the second consecutive year.

Business

Maybank IB is Malaysia’s best investment bank

Kuala Lumpur: Maybank Investment Bank Bhd (Maybank IB) has been named Malaysia’s Best Investment Bank by Euromoney Awards for Excellence, for the second consecutive year.

Business

AmBank fast-tracking growth areas

THE AmBank group, which recently crossedits second year of partnership with theAustralia and New Zealand (ANZ) bankinggroup, is poised for further fast-tracking of its strong areas in retail, business and investment banking.

Business

Nor Mohamed: Economy still fundamentally strong

Malaysia's economy is 'fundamentally strong' amid challenges in the external environment, according to Second Finance Minister Tan Sri Nor Mohamed Yakcop.