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The world’s largest banks 2008

The world’s largest banks 2008

Guide to the leading banks across the globe by market capitalization

FX poll 2008:

FX poll 2008:

FX moves to centre stage

December 2007

Singing along with Public Bank

There have been few signs of summer loving in the boardrooms of the bulge-bracket banks, with more and more senior executives being told by angered shareholders and directors "You’re the one that I (don’t) want" as post-sub-prime gloom spreads.




It seems that not all bank bosses need fear for their jobs, however, if the mood at Public Bank’s Carnivale Royale-themed 41st anniversary dinner in Malaysia was anything to go by. Driven across a red carpet to his seat in what looked like a decorated golf buggy by a beaming bevy of models, chairman and founder Tan Sri Dato’ Sri Dr Te Hong Piow enjoyed his dinner to the sounds of employees literally singing his praises.

After receiving Euromoney’s 2007 award for excellence for best bank in Malaysia, the chairman could be forgiven for watching with a complacent smile as a brightly costumed Public Bank choir ran through the hits from the musicals with just a few minor alterations to the words. All together now...

[to the tune of ‘Greased Lightning’]

Well this bank works on metric
It’s systematic
It’s just fan...tastic
Service as fast as lightning
We are a bank that bags awards renowned for excellence
With full speed ahead with the loan and profits yeah
With the pedal on the floor, Tan Sri Teh we ask for more
You know we like to score, for the man we most adore
Tan Sri Teh Hong Piow (Go, go, go... Go, go, go, go, go, go, go...)







I’ve reluctantly discarded the notion of my continuing to manage the portfolio after my death – abandoning my hope to give new meaning to the term ‘thinking outside the box

The 84-year old Warren Buffett announces in February’s annual letter to Berkshire Hathaway shareholders that he has identified to the board four potential candidates who could take over from him

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