AmBank – RHB planned merger falls through

Category: Asia, Malaysia
By Nazneen Halim

In early June, the Malaysian market was abuzz with news of a proposed merger between AMMB Holdings, the parent company of AmBank, and RHB Banking Group (RHB). The deal would have created the largest fund manager, by AUM, in the country, AmBank’s Group Chief Executive Officer Sulaiman Tahir said at the time

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