AmBank Research: OPR cut should potentially help put lid on declining business sentiments

Jan 23

KUALA LUMPUR (Jan 23): The overnight policy rate (OPR) cut should potentially help put a lid on the declining business and consumer sentiments, according to AmBank Group chief economist and head of research Dr Anthony Dass.

Najib admits he may have signed meeting minutes about Article 117's inclusion

Dec 19

KUALA LUMPUR (Dec 19): Datuk Seri Najib Abdul Razak admitted today that he may have signed the Minister of Finance Inc (MoF Inc) shareholders meeting minutes to have Article 117 included in SRC International Sdn Bhd's memorandum of articles of association (M&A).

Najib didn't know balance but had a sense there's money in his account

Dec 19

KUALA LUMPUR (Dec 19): Former Prime Minister Datuk Seri Najib Abdul Razak said he had a 'sense' that there's money in his private account without checking his account balance when he wrote a cheque amounting to RM2.

AmBank and former banker have until Jan 31 to file defence against Najib's suit

Dec 17

KUALA LUMPUR (Dec 17): AmBank Islamic Bhd and former relationship manager Joanna Yu Ging Ping have until Jan 31, 2020 to file their defence against the civil suit by former prime minister Datuk Seri Najib Razak.

AmBank Group says will 'vigorously oppose' Najib's suit

Dec 10

KUALA LUMPUR (Dec 10): AMMB Holdings Bhd (AmBank Group) and its subsidiary AmBank Islamic Bhd have appointed solicitors to fight the suit filed by former prime minister Datuk Seri Najib Abdul Razak, in relation to the handling of his current accounts with AmBank Islamic.

Najib files suit against Joanna Yu, AmBank with regard to AmBank accounts

Dec 10

KUALA LUMPUR (Dec 10): Datuk Seri Najib Abdul Razak has filed a suit against AmBank Islamic Bhd, AMMB Holdings Bhd and AmBank relationship manager Joanna Yu Ging Ping in relation to the accounts under the former premier's name, which were utilised for the purpose of diverting funds from SRC International Sdn Bhd.

1MDB-Tanore trial: 'Someone in AmBank' helped Jho Low make RM494m from flipping 1MDB bonds in 2009, defence says

Oct 09

KUALA LUMPUR (Oct 9): Someone may have conspired in AmBank to help two companies linked to Low Taek Jho, better known as Jho Low, make some RM494 million in profit from flipping 1Malaysia Development Bhd (1MDB) bonds the first day it was issued, counsel to former prime minister Datuk Seri Najib Abdul Razak said during the 1MDB-Tanore trial today.

AmBank didn't tell 1MDB that Jho Low firms were major subscribers of RM5b bonds, witness agrees

Oct 09

KUALA LUMPUR (Oct 9): AmBank, the lead arranger of 1Malaysia Development Bhd's (1MDB) RM5 billion bond programme, did not tell the fund that companies linked to fugitive financier Low Taek Jho was the major subscribers of its discounted RM5 billion bonds issued in 2009, the High Court heard today.