Maybank sees pick-up in investment banking

[LONDON] Increasing share and debt sales in Malaysia and Singapore and growing stability in Thailand are set to underpin a pick-up in investment banking in South-east Asia in the rest of the year, according to Malayan Banking Bhd (Maybank).

"We see things improving in the market," John Chong, chief executive officer of the investment-banking division of Malaysia's biggest lender, said in an interview in London on Monday. "There is more stability in Thailand, the elections are over in Indonesia. We see more deals happening from the de…