| From Theasianbanker.com: AMMB Holdings Berhad and the Australia and New Zealand Banking Group Limited have announced plans to establish an AmBank Group foreign exchange, interest rate and commodities derivatives business. This will position the AmBank Group as a leading provider of these products and services in the Malaysian market.
AmBank (a subsidiary of AMMB) and ANZ have entered a technical services agreement which builds on the 2007 strategic partnership between ANZ and AMMB. Under the technical services agreement, ANZ will provide, among others, business leadership resources and relevant technology expertise...... Full Article: Source
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