Bold, independent coverage of Malaysian politics, business and current affairs.
CIMB Group is targeting loan expansion of 5-6% through FY2026, riding on robust wholesale lending driven by artificial intelligence and data centre investments, while consumer banking grows steadily in line with GDP.
Malayan Banking Bhd has officially opened its new headquarters at Menara Merdeka Maybank, with Prime Minister Datuk Seri Anwar Ibrahim officiating the launch ceremony marking a significant milestone for Southeast Asia's largest banking group.
Capital One has responded to legal action regarding its closure of Trump Organisation bank accounts, asserting that the decision followed a thorough anti-money laundering compliance assessment by specialist advisors.
A New York judge has rejected payment platform Zelle's bid to dismiss a lawsuit from the state's attorney general, who alleges the service prioritized growth over consumer safety, allowing fraudsters to steal over $1 billion.
China's anti-corruption watchdog has launched an investigation into Ouyang Weimin, the former president of the China Development Bank, on suspicion of serious breaches of party discipline and law.