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Maybank, a Malaysian-based banking corporation, has recently unveiled its ambitious five-year strategy plan, dubbed “ROAR30”. The roadmap, which extends until 2030, outlines significant financial targets, including a return on equity (ROE) aim of 13-14…
In an intriguing juxtaposition of regional economic trends, Maybank’s financial results for the first half of 2025 reveal a complex landscape for loans across Asia. While activities in Malaysia and Singapore showcased robust growth, Indonesian lending…
While the Thai operations of AirAsia Group Bhd continue to drag on the earnings of the low-budget airline group, the falling rate of Covid-19 infections in the region offers optimism for a longer-term recovery, says Maybank Investment Bank Research. Thai…
Maybank’s former head of private wealth has reemerged at a rival Southeast Asian private bank. Khoo Lin-Wein was named head of wealth at Vietnam’s Techcombank, sources based in Hanoi said. Founded in 1993, Techcombank is one of the largest joint-stock banks…
He takes over from Shahril Ridzuan who will be departing to pursue his personal interests. Malaysia’s Khazanah Nasional has appointed veteran banker Amirul Feisal Wan Zahir as managing director, effective 16 July, it said in a statement on Tuesday. Zahir, 51,…
He replaces Harmeet Singh Bedi, who left after six years at the firm in 2020 for Prime US Reit, a Singapore real estate investment trust. Maybank Kim Eng, the fully owned investment banking arm of Malaysia-headquartered Maybank, has appointed Aditya Laroia as…
Malayan Bank Berhad – better known as Maybank – is reportedly being sued for effectively thwarting a Manhattan-based proper project after allegedly reneging on a loan agreement. American real estate developer Sharif El-Gamal said that the Malaysian lender and…
The bank’s improved quarterly performance was the result of the sale of some liquid assets and fixed income instruments, which raised net fee-based income. Malaysia’s largest lender recorded a profit of RM2.05 billion ($470 million) for the first quarter of…
ING and Malayan Banking Bhd (Maybank) were the top creditors of Singapore commodity trader Agritrade International, which was last month placed under interim judicial management. Malaysia’s Maybank tops the list of secured lenders to Agritrade with $118…
The job cuts are part of a broader review that also affects Maybank Kim Eng’s regional institutional sales and research, and Hong Kong investment banking and advisory businesses. Maybank Kim Eng (KE), the investment banking arm of Maybank, is restructuring…
The Swiss banking software company will help the bank to create a better customer experience for its affluent clients with performance calculation and a suite of wealth products and services. Avaloq has won more business in Southeast Asia, with Maybank Group…
Disruptions caused by the cyberattack on the trading houses lasted from 30 minutes to the whole morning session on October 24. Maybank Kim Eng and PhillipCapital spokespersons have confirmed their brokerages were among those that faced disruptions last…
Maybank Kim Eng, Maybank’s investment banking arm, announces its selection of Australian-headquartered fintech firm, Iress, as the software provider for online trading and market data. Iress’ ViewPoint will be rolled out progressively to Maybank Kim Eng’s…
Maybank Singapore is considering to apply for one of the five digital banking licenses to be unveiled in Singapore. The final decision depends on having a value proposition. Maybank Singapore is in talks with its head office in Malaysia on the matter, and the…
Maybank launches its first a private wealth management arm in the Philippines, in the midst of trending interest from financial institutions to tap into the nation’s business potential. The bank will open the branch in Makati City in Manilla, which will add…
Hyflux said that creditor Maybank was terminating its collaboration agreement with the troubled Singapore water infrastructure player with immediate effect due to its failure to reach a binding deal with a bidder or investor. This constitutes a breach which…
