Lenders look to Plan B after passing on three-way merger

Malaysian lenders are rolling out alternative growth strategies for their Islamic businesses, after a proposed three-way merger that would have created one of the world's largest Islamic banks was scrapped last month. Weak economic conditions scuppered plans for a tie-up of Malaysia's second-biggest lender CIMB Group Holdings Bhd with RHB.... http://www.themalaysianinsider.com/malaysia/article/lenders-look-to-plan-b-after-passing-on-three-way-merger