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CITIBANK Bhd sees Malaysia as having a very good general operating environment for banks, said chief executive officer Piyush Gupta.
HSBC Malaysia is keeping a sharp eye on the investment banking scene, especially for any potential early opening up of the sector to foreign banks, says Zarir J. Cama, deputy chairman and chief executive officer of HSBC Malaysia.
HSBC Holdings Plc's first-half profits rose by more than half, smashing market expectations and boosting its shares, as the global bank benefited from last year's purchase of US lender Household.
HSBC Holdings plc, the world's second largest bank, posted 2004 profit towards the low end of forecasts yesterday, but was upbeat on prospects for its US business as it rejected big deals there and in South Korea.
A BANK flying Malaysia's flag across nations and continents is what the Malaysian Government would eventually like to see and this is a challenge that the country's largest investment bank CIMB Bhd and its parent, Commerce Asset-Holding Bhd (CAHB), have taken up.