News
RETAIL INVESTMENT | Cesar Tordesillas, Korea
view(s)

Malaysia's CIMB eyes IB operations In Seoul, Taipei, and Mumbai

CIMB will get licences for investment banking in Seoul, Taipei and Mumbai within three months.

This will complement its current investment banking presence in 13 countries.

"CIMB has always gone contrary. We have expanded particularly in investment banking at the time other banks are shrinking theirs," said group chief executive, Datuk Seri Nazir Razak.

Razak explained that group feels it is the right time to take the opportunity of the slowdown in global markets to expand its investment banking platform.

CIMB currently has investment banking presence in Malaysia, Indonesia, Singapore, Thailand, Brunei, Vietnam, Bahrain, Sri Lanka, London, New York, Australia, China and the latest, Hong Kong.

For more.

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.