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Mitigating the impact of macroeconomic uncertainty: The role of fintech in enhancing commercial banks risk-taking

Mitigating the impact of macroeconomic uncertainty: The role of fintech in enhancing commercial banks risk-taking
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Ant s consumer finance unit gets nod to raise $1 5b

Chinese regulators have approved tech heavyweight Alibaba's financial arm Ant Group to raise 10.5 billion yuan ($1.5 billion) for its consumer finance unit, marking a significant step forward for the revamp of the financial technology company's lucrative consumer loan business.

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