Stay updated with breaking news from Ant Group. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
China’s Ant Group is bidding against Citadel Securities for Credit Suisse’s Chinese securities unit, a move that will test Beijing’s appetite for letting the Jack Ma-founded company expand again after a long-running crackdown, reports the Financial Times. Ant’s bid for Credit Suisse Securities (China) Ltd, which includes investment banking and brokerage services in mainland China,…
(Bloomberg) — Ant Group Co. outbid Citadel Securities LLC for Credit Suisse’s investment bank venture in China, in a surprise move that will be subject to close regulatory scrutiny, people familiar with the matter said. The bid by Jack Ma-backed fintech giant to build a securities business using Credit Suisse’s operations will face a thorough…
Does Viswas Raghavan want Jane Fraser's job? The wondering has begun.
Alibaba leads $1B investment in Chinese AI startup Moonshot AI, signaling its renewed focus on growth through strategic investments.
As Paytm runs afoul of regulators, the saga of one of the world’s most promising fintechs serves as a cautionary tale on the dangers of ignoring compliance requirements.