The Bank That Would Be King

But to be a regional power, RHB must cut it in a free market

A star is born. That's the message Malaysian Finance Minister Anwar Ibrahim delivered at the July 7 ceremony launching RHB Capital, a financial services giant. The key to the new company is the merger of DCB Bank and Kwong Yik Bank to form RHB Bank, with assets of $13 billion. Anwar, heir apparent to Malaysia's long-serving Prime Minister, Mahathir Mohamad, labeled it a "remarkable merger," thus anointing RHB Capital as a Malaysian standard bearer in Southeast Asia's booming financial-services sector.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.