The central bank summoned Ant executives over the weekend and told them to “rectify” the company’s lending, insurance and wealth management services, the People’s Bank of China said in a ...

The People’s Bank of China, the country’s central bank, summoned Ant executives on Saturday and ordered them to formulate a rectification plan and an implementation timetable of its business ...

The People's Bank of China (PBOC), which has been driving the revamp at Ant after its US$37 billion IPO was scuttled in late 2020, is expected to disclose the fine in the coming days, the sources ...

Ant-backed MYbank will join China’s digital yuan trial as the central bank charges ahead with rolling out an electronic currency system that could uproot the country’s payments landscape.

The People’s Bank of China’s acceptance signals that approvals are expected and Ant is poised to emerge from a regulatory crackdown, Reuters reported, citing people familiar with the matter ...

Instead, China sent a different message: No private business gets to swagger unless the government is on board with it. Regulators pulled the plug Tuesday on the initial public offering of Ant ...

Chinese authorities, notably the People's Bank of China (PBOC) which has been driving a revamp at Ant after its US$37 billion IPO was scuttled in 2020, are expected to announce the fine in the ...

Ant refuted the comparison with Tencent or anyone else. In a reply to China’s securities regulator in September, the Jack Ma-controlled, Alibaba-backed fintech giant said it is “not comparable ...

HONG KONG, Feb 26 (Reuters) - China's Ant Group is in talks with other shareholders in its new consumer finance unit to bolster the firm's capital as the fintech giant prepares to fold in its ...

SYDNEY (Reuters) -China's Ant Group has sold 25.5 million shares in India's Paytm in a block trade to raise $246 million, according to a term sheet seen by Reuters. The sale, completed at a price ...