Sumeet Chatterjee
Stories by Sumeet Chatterjee
China’s Alipay, Wechat limit Didi’s micro-software access to new users
The service is still available to users who have used them on the platforms before.
DBS, OCBC, StanChart among potential bidders for Citi’s Asia consumer business
The businesses Citi is exiting had $82 billion in total assets.
Nomura’s fateful bet on former Tiger Asia manager Hwang’s Archegos
The question of whether Nomura fell down on client due diligence is especially acute after it fired US compliance professionals in 2019.
China’s Ant Group CEO Simon Hu leaves after failed IPO prompts revamp
Hu will be replaced by company veteran and executive chairman Eric Jing.
Alibaba founder Jack Ma makes first live appearance in three months in online meet
Jack Ma had not appeared in public since October 24.
Blackstone’s Schwarzman says new US administration to take ‘softer tone’ towards China
Schwarzman said he expects to "see much less tension” between the two countries.
China’s Alibaba plans to raise at least $5b via dollar bond this month
Proceeds could reach $8 billion which Alibaba is likely to use for general corporate expenditure.
UK insurer Aviva to sell Vietnam unit to ManuLife as it pulls out of non-core markets
Aviva is looking to focus on Britain, Ireland and Canada.
China’s Ant considers Paytm stake sale amid tensions with India
Ant first invested in Paytm in 2015 and owns its 30% stake in the firm via its parent company One97.
Retail investors bid record $3t for Ant Group’s IPO
The frenzy for Ant's shares is backed by a massive amount of margin lending by financial institutions.
