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(From Bernama The Malaysian National News Agency)
from BERNAMA, The Malaysian National News Agency KUALA LUMPUR, May 2 (Bernama) -- Malayan Banking Bhd (Maybank) and American Express (Amex) have agreed on the sale and licensing of Amex consumer and corporate cards and merchant acquiring service business in Malaysia
"We have signed a business transfer agreement. Pending its finalisation, there will be no change to the business or operations of both Amex and Maybank's credit card business in Malaysia," Maybank president and chief executive officer Datuk Amirsham Aziz said in a …