Southeast Asian banks are overtaking some of the biggest international securities firms in managing regional stock sales, capitalising on corporate banking relationships, and bigger balance sheets to win deals.
CIMB, Maybank beat global rivals in SE Asia share sales
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Malayan Banking Bhd (Maybank), DBS Group Holdings Ltd, and CIMB Group Holdings Bhd beat all rivals except Credit Suisse Group AG for the biggest shares of Southeast Asia’s US$ 24.1 billion (RM88.7 billion) of equity and equity-linked deals last year, data compiled by Bloomberg show.
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