RHB Hires Credit Suisse As Adviser

RHB Capital has appointed Credit Suisse as an adviser as rivals plan takeover offers for the Malaysian lender.

RHB Capital has appointed Credit Suisse as an adviser as rivals plan takeover offers for the Malaysian lender, Reuters reports. CIMB and Malayan Banking are seeking to acquire RHB.

RHB Capital is valued at $7.3 billion. Based in Kuala Lumpur, RHB is a bank specializing in commercial banking, corporate and investment banking and international banking services.

Click here for the story from Reuters.