Tuesday, November 3, 2020

Ant's IPO Suspension Shows It's Too Big To Fail Now — Ye Xie


The Chinese regulators seem to be on the right side of this one, but they should have stepped it sooner. But better late than never. The concept of banking needs to be extended to fintech.

Zero Hedge
Ant's IPO Suspension Shows It's Too Big To Fail Now
Ye Xie, Bloomberg macro commentator and analyst

1 comment:

Peter Pan said...

But not too big to regulate - the dirty secret bankers do not want you to know!