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Public Bank game changer

THERE are several items which are a fixture in Public Bank Bhd. For instance, try walking into any Public Bank branch and you will find the familiar photograph of Tan Sri Teh Hong Piow, the 87-year-old founder, framed on the wall of the banking hall.


Indonesia's Bank Mandiri to start operations in Malaysia by year-end

KUALA LUMPUR: Indonesia’s largest bank by asset size, PT Bank Mandiri Tbk, will start its banking operations in Malaysia by year-end, making it the first Indonesian bank to carry out full-fledged banking activities in the country.


New beginning for Yes Bank

AS Deutsche Bank AG veteran Ravneet Gill moves into the 27th floor of Yes Bank Ltd’s headquarters in downtown Mumbai, he brings the curtain down on one of the more colorful chapters in Indian finance.


RHB Bank, BSN, Bank of China offer lowest lending rates

KUALA LUMPUR: RHB Bank Bhd, RHB Islamic Bank Bhd, Bank Simpanan Nasional Bhd (BSN) and Bank of China (Malaysia) Bhd are among the financial institutions and development financial institutions (DFI) which offer the best rates to borrowers.

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Al Rajhi Bank eyes Asean expansion

PETALING JAYA: Al Rajhi Bank Malaysia outgoing chairman Datuk Seri Dr Nik Norzrul Thani Nik Hassan Thani said his successor would continue with the plan to expand the bank’s operation into the region, targeting neighbouring markets like Singapore and Indonesia.


Deutsche Bank ordered to take action to prevent money laundering

FRANKFURT: Three years ago, Deutsche Bank AG pledged to improve internal controls to avoid a repeat of fines that had eroded earnings and damaged trust. Yet from the U.S. to Germany, regulators keep spotlighting the lender’s failures.


A contrasting return to Bank Negara for Nor Shamsiah

PETALING JAYA: When Datuk Nor Shamsiah Mohd Yunus left Bank Negara in November 2016, it was an unceremonious affair.


Bank Negara said to have overpaid for land bought from MoF

PETALING JAYA: Bank Negara is believed to have overpaid for the land it had bought from the Finance Ministry (MoF) when it forked out RM2.066bil for the 67.41 acres, proceeds which subsequently went to service 1Malaysia Development Bhd’s (1MDB) debt obligations.


Indian police arrest three more PNB executives in US$1.8bil bank fraud probe

NEW DELHI/MUMBAI: Indian federal police arrested three more employees of Punjab National Bank on Monday over a US$1.77 billion loan fraud, and the government said the scandal exposed a supervisory failure by the country's central bank, police and local media reports said.


Who really controls Public Bank and Hong Leong Bank?

The alternative view by M. Shanmugam
A QUESTION popped up during a dinner conversation with a group of bankers – Who owns Public Bank Bhd?