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Rich Turrin

Rich Turrin

Industry Leader in fintech and digital transformation

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Ant

Regulators want Ant to have more “Skin in the Game”

January 1, 2021 by Rich Turrin

  China’s regulators are still bleeding from P2P loan losses and halted AntGroup’s IPO because they simply couldn’t believe that: “This time will be different. ” What do credit bubbles share in common between East and West?  Both the P2P crisis in China and the Mortgage-Backed Securities (MBS) fueling the 2008 financial crisis share one …

Read moreRegulators want Ant to have more “Skin in the Game”
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