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Maybank challenges CIMB reign as top ringgit sukuk arranger

  Bloomberg Malayan Banking Bhd. is challenging CIMB Group Holdings Bhd.’s nine-year reign as the top arranger in the world’s largest Islamic bond market. Malaysia’s biggest lender has managed 15.3 billion ringgit ($3.5 billion) of sukuk offerings in the nation in 2016, data compiled by Bloomberg show. It had a 27 percent market share versus 22 percent for CIMB. Maybank ...

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Ex-StanChart banker to head RHB’s client coverage

  Bloomberg RHB Bank Bhd., Malaysia’s fourth-biggest lender by assets, hired former Standard Chartered Plc banker Goh Ken-Yi to head client coverage in its Singapore securities unit, people with knowledge of the matter said. The banker started working this week at RHB Securities Singapore Pte, according to the people. He was most recently a managing director in charge of commercial ...

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Bank of America, Bain to weigh bids for popular assets

  Bloomberg Bank of America Corp. and Bain Capital’s credit investment arm are considering bids for about 1 billion euros ($1.06 billion) of non-performing assets from Banco Popular Espanol SA as the Spanish lender accelerates efforts to clean up its balance sheet, according to people with knowledge of the matter. Negotiations are ongoing, and an agreement may be reached in ...

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