Malaysia
OCBC to kickstart "Go China" campaign
Customers could fulfill investment with package offering new range of financial solutions with exclusive China focus.
OCBC to kickstart "Go China" campaign
Customers could fulfill investment with package offering new range of financial solutions with exclusive China focus.
Maybank wants bigger slice of equities market
Banks on Islamic stockbroking service HOT Broking to expand its curreent 6.5% share in the market.
OCBC sells equity fund sans upfront charges
Some analysts see the unprecedented move will be followed by other players.
OSK-UOB introduces $31mln fund
OSK-UOB Flexible China Solutions provides opportunities to tap the Chinese market for a minimum of $3,115 investment.
New Hong Leong offer for EON Capital seen
Analyst said selection of 7 new directors can revive HLB's bid to acquire EON Cap.
Affin Bank mulls EON Cap takeover
Lender banks on improving financials and fundraising potential for bid despite criticized for being small.
RHB partners with TM Asia Life for bancassurance
MoU gives bank 10-year right to sell insurer's plans while latter pays $30mln exclusivity fee.
JPMorgan strengthens its Malaysia commercial bank
Expansion includes integration of its in-country treasury management service as part of $1 billion global investment.
Hong Leong ratings unaffected by bid for EON
Standard & Poor's has no immediate rating action on Hong Leong Bank's potential acquisition of EON Capital Bhd. S&P believes the planned acquisition will not materially affect HLB's financial profile. Based on the proposed full cash offer price of 1.4x the net book value of EON, the capitalisation of the merged entity will remain adequate despite the slight decline from goodwill generation of about US$411 million.
EON Capital requests Bank Negara's nod for negotiations
Talks with Hong Leong for possible acquisition of its assets and liabilities are not yet finalised.
Maybank Investment, Mizuho Securities ink deal
The two parties agree to join their expertise in exploring opportunities and providing excellent service.
HSBC: Affluent customers prefer Shariah banking
HSBC will aim at internationally mobile, affluent Islamic consumers with its Amanah Premier.
CIMB to increase Islamic fund
The Securities Commission approved the increase of CIMB Islamic DALI Equity Theme Fund from two billion to 2.2 billion units.
CIMB declares income for 2 funds
CIMB-Principal declared income distributions for two of its equity funds –Equity Fund 2 and Equity Growth Fund.
Hong Leong Investsafe gross returns at 4.25%
Hong Leong InvestSafe has consistently produced gross returns higher than fixed deposits since its inception three years ago.
Maybank offers closer-to-home investment
Maybank has launched its 1Malaysia Momentum or M3 Structured Deposit, a capital protected investment plan for investors seeking potential gain regardless of the market conditions, with a target fund size of US$29.5 million.
HSBC to offer Hang Seng Structured Investments
Hang Seng’s strong capital position prompts HSBC to woo investors to take part in the former’s growth potential.
