PYMNTS

DECEMBER 28, 2020

Will Chinese Authorities Force Ant To Restructure? . Howard Yu , LEGO professor of management and innovation and director of IMD’s signature program, Advanced Management Program (AMP), told Karen Webster last month that regulators would soon force Ant to restructure to address such concerns.

Restructuring 67

Restructuring Foreign Exchange Compliance Financial Systems 67

PYMNTS

JANUARY 7, 2021

Ant was co-founded by billionaire Jack Ma, who also co-founded eCommerce giant Alibaba. While it is still unclear to what degree the Chinese government will try to control Ant’s booming loan business, the company will likely have to meet higher capital requirements, even with a restructuring of its consumer loan business.

Restructuring 56

Restructuring Valuation Financial Systems Banking 56

PYMNTS

DECEMBER 20, 2019

News came this week that the Basel Committee has said in a paper that a “prudential” regulatory framework should be constructed by stakeholders — banks included — in a bid to address concerns over risks to the financial system. And the risks are there, and are far-reaching, as the paper noted.

Restructuring 52

Restructuring Financial Systems Construction eCommerce 52