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.

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