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CIMB Group Archive
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News – Latest CIMB buy is Bank of Commerce in the Philippines
Posted on August 7, 2012 | No CommentsIf CIMB CEO comparing CIMB expansion to all of ASEAN like the expansion of Santander (www.santander.co.uk) throughout Europe, then see what happen afterwards when all those expansion went back to bit you in the arse. -
News – CIMB transforms from a strong investment bank to universal bank across South-East Asia
Posted on August 7, 2012 | No CommentsEver wonder how bank become to-big-to-fail (TBTF)? You could only guess where did they get all the money to acquire, merge and operate all those offices in those countries. You need to understand how banks made (easy) money and how tight they control the banking industry, with the help of Contral Bank (BNM).