Ensconced in a lucrative niche at home, Jack Ma’s Ant Group nevertheless has to look outward. And expanding overseas has never looked so difficult for China’s biggest payments app, even with the war chest from what may be a world-record …
I returned to the office this week, joining thousands of bankers from Citigroup Inc. to Morgan Stanley that are trickling back to their desks in Hong Kong. After almost five months working from home, it’s going to take some getting …
It’s a deal linking Shanghai and Zurich, but the real target looks to be London. China Pacific Insurance (Group) Co. is in talks to invest at least $2 billion in Swiss Re AG, Manuel Baigorri of Bloomberg News reported Wednesday, …
Japan’s banking sector has become a dead zone for private equity. Yet even then, the latest attempt by J. Christopher Flowers to sell Shinsei Bank Ltd. seems like a zombie franchise that has run a few episodes too long. Flowers …
Sometimes, boring can be a good thing. Ping An Insurance (Group) Co.’s buyback looks like an attempt to recapture its 2017 glory days, when a series of exciting fintech initiatives turned the Chinese insurer into a must-have stock. As those …
