Page 31 - My Bank News Today : Breaking News, Live Updates & Top Stories | Vimarsana

They were just days away from a multi-billion-dollar windfall. But now employees of Jack Ma’s Ant Group Co. are stuck holding shares so difficult to value that even the company itself is struggling to determine a fair price. It has shelved a share buyback program for current and departing staff, in part because of uncertainty over how to value the company, according to Ant executive familiar with the matter. The move underscores two intertwined challenges facing Ant, four months after Chinese authorities torpedoed its $35 billion initial public offering: The fintech giant’s future is still shrouded in doubt due to an ongoing lack of regulatory clarity, and employee morale is increasingly under threat.

Francis chanJack maAnt groupJack ma ant group coFinancial timesWealth management servicesOnline finance empireOnline lenderMy bankபிரான்சிஸ் சான்பலா மாஎறும்பு குழுபலா மா எறும்பு குழு இணைநிதி முறைசெல்வம் மேலாண்மை சேவைகள்நிகழ்நிலை நிதி பேரரசு