Tag - AmBank
31May

Ex-AmBank CEO tried to cover up misconduct, says Zeti

KUALA LUMPUR: Former Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz told the High Court here that former AmBank CEO Ashok Ramamurthy had attempted to conceal his wrongdoings in the 1Malaysia Development Bhd (1MDB) financial scandal. She claimed that Ashok, an Australian, had "every reason" to say something against her for this purpose to cover...

By malaysia, News, , , , , , 0 CommentsRead more...
05Mar

Australia’s ANZ selling 9% stake in AmBank, term sheet shows

SYDNEY/SINGAPORE: Australia's fourth-biggest bank ANZ Group is selling around 298 million shares or 9% stake worth up to $242 million in Malaysian lender AMMB Holdings, according to a term sheet seen by Reuters on Tuesday. The shares are being offered at between 3.80 ringgit and 3.85 ringgit per AmBank share, according to the sheet, which is equivalent...

By News, World, , 0 CommentsRead more...