2. Maybank and CIMB no longer pursuing RHB Cap

PETALING JAYA: The grand deal that would have created a regional banking champion has fallen flat even before it could take off. Barely a month after they expressed their interest to take over RHB Capital Bhd, both Malayan Banking Bhd (Maybank) and CIM...

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Source: The Star

14. Cooling off period poser for Maybank and CIMB
ANALYSTS and observers are unsure how soon CIMB Group Holdings Bhd and Malayan Banking Bhd (Maybank) can think of re-visiting takeover talks with RHB Capital Bhd, following their announcements on Thursday...
CIMB, Maybank to drop RHB buy, for a while
KUALA LUMPUR, June 23 — Malayan Banking Bhd (Maybank) and CIMB Holdings Bhd have decided to abandon their separate plans to take over RHB Capital due to the higher price for a block of the bank’s...
CIMB Research has Buy on Maybank at RM9
KUALA LUMPUR: CIMB Equities Research has a Buy on MALAYAN BANKING BHD [ ] at RM(, at which it is trading at a FY12 price-to-earnings of 14.3 times and price-to-book of 2.2 times.
Wall Street Bailouts No Longer An Option, Regulator Says
The era of Wall Street bailouts is over, a top government regulator told Congress on Tuesday. The financial reform legislation passed last summer bars future taxpayer rescues of financial firms, and...
Financial planners: Home no longer reliable tool to build personal wealth
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What is the rationale and status of Bank Negara’s proposed merger between RHB Capital with Maybank
As Finance Minister, Datuk Seri Najib Razak should present a ministerial statement in Parliament tomorrow on the rationale and status of Bank Negara’s proposed merger between RHB Capital with Maybank...
RHB Cap dips, gets BNM nod for talks with Maybank, CIMB
KUALA LUMPUR: Shares of RHB Capital Bhd were slightly lower in afternoon trade on Tuesday, June 7 after it obtained Bank Negara Malaysia’s (BNM) approval to commence talks with Malayalan Banking Bhd...