Tag Archives: CIMB

[FREE] CIMB chief Nazir Razak has opined that the delayed commencement of 1MDB's audit for the financial year ending March 2015 is a sign of bad corporate governance. http://ow.ly/OcO3h Nazir: Late 1MDB audit shows bad governancewww.malaysiakini.comFREE PM’s brother asks why standards for GLC g …

Nazir: Earlier 1MDB issue cleared up, the better – The CIMB Group chief points out that when ignored, people will expect the worst. http://owl.li/2XLviD Nazir Razak: Earlier 1MDB issue cleared up, the betterowl.liThe CIMB Group chief points out that when ignored, people will expect the worst. …

CIMB no longer advising on 1MDB's IPO – The announcement comes a week after it said it is advising on the Edra Energy IPO. http://ow.ly/2WMCas CIMB no longer advising on 1MDB's IPOwww.malaysiakini.comThe announcement comes a week after it said it is advising on the Edra Energy IPO. M …

‘With CIMB appointment, 1MDB has abandoned IPO’ – Or else, Pua says, it would not have authorised the bank to auction energy assets. http://ow.ly/2WAycx ‘With CIMB appointment, 1MDB has abandoned IPO’www.malaysiakini.comOr else, Pua says, it would not have authorised the bank to auction energy …

CIMB Group reported on Friday a more-than-75% fall in fourth-quarter net profit, dragged down by higher corporate banking loan impairments at home and in neighbouring Indonesia. CIMB Q4 profit falls over 75% on high loan impairmentswww.kinibiz.comCIMB Group Holdings Bhd, Malaysia's second-large …

CIMB Group Holdings Bhd, Malaysia’s second-largest lender, plans to cut about 50 jobs in Asia to trim costs, people familiar with the plan said. CIMB said to cut 50 jobs across Asia to reduce costswww.kinibiz.comThe reductions involve mostly equities-related positions in places including Hong Kong, …

CIMB Group Holdings Bhd, Malaysia’s second-biggest lender by assets, said today it was closing its investment banking operations in Australia following a review of its entire business: http://goo.gl/tRXtxR On Friday, CIMB said it was looking to cut costs in the investment banking and equities segmen …

After Tong, PM’s brother denounce blog attacks Like The Edge owner, the CIMB chief will take legal action against the culprit. After Tong, PM’s brother denounce blog attacks Malaysiakini’s Facebook Wall

CIMB Group, RHB Cap and MBSB have ceased discussions on a proposed merger and creation of a mega Islamic bank in light of current economic conditions. Mega bank merger offwww.kinibiz.comCIMB Group Holdings Bhd (CIMB Group), RHB Capital Bhd (RHB Cap) and Malaysia Building Society Berhad (MBSB) have c …

PM wants CIMB to be active in AEC CIMB can inspire other M'sian firms in the Asean Economic Community. PM wants CIMB to be active in AEC

For 3Q14, CIMB reported a net profit of RM890.3 mil from RM3.53 bil revenue, 16.2% lower than RM1.06 bil net profit from RM3.48 bil recorded in 3Q13. Tough Indonesian market drags down CIMB 3Q earningswww.kinibiz.comBanking group CIMB Group Holdings Bhd saw its quarterly net profit drop by 16% as it …

The banks involved are CIMB Group Holdings Bhd, RHB Capital Bhd and MBSB. ‘EPF not part of proposed mega-bank merger talks’

CIMB group chief executive Nazir Abdul Razak and Puncak Niaga Holdings chairperson Rozali Ismail are among six top executives who took home lesser last year, compared to the year before. Malaysian Business magazine’s annual report on directors’ remuneration says that Nazir (left), who is Prime Minis …

FREE: It is early days yet for the planned merger between CIMB Group Holdings Bhd, Malaysia Building Society Bhd (MBSB) and RHB Capital Bhd but several pertinent details made available to KiniBiz today can help to piece together how the merger is likely to pan out. Ways and means to a banking behemo …

BREAKING: CIMB, MBSB, RHB request for trading suspension; merger rumours abound CIMB, MBSB, RHB trading halt triggers merger rumourswww.kinibiz.comThree major financial services firms CIMB Group Holdings Bhd, Malaysia Building Society Bhd (MBSB) and RHB Capital Bhd have requested to be suspended fro …